3 Better Ways to Save for Retirement Than a 401(k)
If your company offers you the chance to save for retirement in a 401(k) plan, it pays to take it -- to a point. See, many companies that sponsor these plans also match worker contributions to different degrees. If your employer offers a matching incentive, it pays to contribute the amount that's needed to claim your free money in full.
But once you've snagged your free retirement cash, it could actually pay to look outside a 401(k) plan for building retirement wealth. Though 401(k)s are a neat savings tool in their own right, they have certain drawbacks. And so it may be worth exploring these account options instead.
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Source Fool.com
