3 Smart 401(k) Moves to Make in 2020
The 401(k) is one of the most powerful tools in your retirement planning toolbox, but in order to make the most of it, you'll need to have a good understanding of how it works.
The most important thing you can do right now is to simply start saving. Roughly half of Americans are not contributing anything to their 401(k), according to a survey from Edward Jones, which can lead to long-term problems. It's much easier to save for retirement when time is still on your side, so the earlier you begin stashing cash for the future, the better off you'll be.
If you are currently saving for retirement, you're not quite off the hook yet. There are still a few other smart moves you can make right now to maximize your 401(k).
Source Fool.com
