4 New Year's Resolutions for Your 401(k)
As 2022 approaches, there isn't a better time to check in on your 401(k) plan: New years tend to bring new goals and a renewed sense of purpose for your finances. Plus, plans vary greatly across companies, so it's good to make sure you know the specifics of the account you're dealing with.
Here, we'll go over four new year's resolutions for your 401(k) plans, both old and new.
If you've left a 401(k) behind at a former employer, there's a possibility it may not be invested or allocated the way you'd like, especially if you haven't looked at your holdings in a long time. Dated 401(k) plans also tend to come with high administrative fees and excess overhead, which you should try to avoid to the extent you can.
Source Fool.com
