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5 Top Funds for Your 401K


5 Top Funds for Your 401K

The 401(k) is one of the most important, most popular ways the average person can build up a retirement nest egg. Sponsored by your employer -- or yourself if you're self-employed -- the 401(k) offers a number of benefits to help you grow your money. This includes reduced income taxes each year you contribute (though our elected officials are considering cutting that benefit substantially), tax-free growth of your investments, and generally matching contributions from your employer. 

As much as all those benefits play a role in making the 401(k) a great retirement savings tool, picking the right funds is every bit as important. Here are five of the best funds you can choose for your 401(k). And if these exact funds aren't available to you, there's a good chance a similar one will be. 

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Source: Fool.com

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