3 Reasons a 401(k) Isn't the Ideal Retirement Account
Many people invest in their 401(k) by default if their employer offers one. It may seem like the simplest option to sign up for this workplace retirement plan and build your nest egg through contributions from your paycheck.
But while it always makes sense to invest enough money to a 401(k) to earn any matching contributions employers make, workers should be aware that a 401(k) account may not be the best retirement investment plan for the rest of their savings.
In fact, there are three good reasons this account may not be the right one to use for the bulk of your retirement contributions after putting away enough to earn your full match. Here's what they are.
Source Fool.com
