3 Reasons Not to Max Out Your 401(k)
If you have a 401(k) at work and your employer offers a company match, you should make investing enough to earn that match an absolute top priority. Chances are good, though, that you'll earn that full match well before you hit your 401(k) contribution limit.
If you have money to save for retirement after earning your match, it may be tempting to keep funneling it into your 401(k) to save for your retirement. After all, it's really easy to do that -- you just sign up to have additional contributions taken from your paycheck until your account is maxed out or as close to it as you can afford.
While that may seem like a good idea at first glance, though, there are actually three important reasons why you may not want to contribute the maximum allowable amount to your 401(k) plan.
Source Fool.com
