If you recently started working full-time, or you're at your first job with a larger employer, you may be in the process of signing up for your company's 401(k) plan. Doing so is an important thing, because you'll need independent savings to manage your expenses during retirement. And the more time you give your savings to grow, the higher a balance you're likely to end up with by the time your career comes to an end.

But if you're going to make an effort to save in a 401(k) plan, it's important to start off on the right track. And that means making these essential moves as soon as possible.

Image source: Getty Images.

Continue reading

Source Fool.com