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5 Important Steps to Managing Your 401(k)


Saving independently for retirement is a great way to help ensure that you have enough money to cover your living expenses as a senior. While Social Security may provide you with a nice chunk of cash, it generally isn't enough to live on in the absence of other income.

If you have a 401(k) plan, funding that account could be your ticket to the comfortable retirement you've always wanted. But it's also important to manage that account wisely. Here's a guide to doing just that.

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Source Fool.com


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