3 Ways Your Employer Could Mess Up Your 401(k)
Saving for retirement in a 401(k) is kind of like hiring a contractor to build your house. You define the scope of the project, provide the financing, and ultimately get to enjoy the end result, but you're not in complete control. The contractor sets limits on what they will or won't do that affect your final product and the project timeline. Your employer does essentially the same with your 401(k), setting constraints that affect your earning potential and your fees.
Sometimes, as is the case with the three situations below, the rules your employer sets don't always work in your favor. If your company is seriously hampering your 401(k)'s growth, read on to find out how to get it back on track.
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Source Fool.com
