MoneyTipsWho would turn down free money? According to the Motley Fool, approximately 20% of workers with matching 401(k) retirement plans are effectively dismissing free money by making a significant mistake with their contributions.Approximately three-quarters of companies with 401(k) plans offer…

Topics:  motley fool   matching   plans   making   retirement   mistake   money   free   
BING NEWS:
  • Annuity vs 401(k): Which Vehicle Is Actually Better for Your Retirement?
    One of the biggest decisions anyone has to make for retirement is where to invest money. If you ask 10 different financial advisors, there is a 100% chance you’ll get 10 different answers. This is ...
    12/26/2024 - 6:37 am | View Link
  • More than 90% of 401(k) plans now offer Roth contributions – but only 21% of workers take advantage
    The share of employers that offer a Roth 401(k) option has increased a lot over the years. A 2022 law will make it nearly ubiquitous among plan sponsors.
    12/25/2024 - 11:59 pm | View Link
  • Here Are the Biggest 401(k) Mistakes Each Generation Is Making
    The 401(k) has been around for 46 years, and in that time, it has become the dominant workplace retirement plan employees of all ages use to save for their futures. Each generation has made its share ...
    12/23/2024 - 5:59 am | View Link
  • I'm invested elsewhere but want to start contributing to my 401(k) — what does 'maxing it out' mean?
    This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The 401(k) program is a fixture today in retirement ...
    12/19/2024 - 2:33 am | View Link
  • The Biggest Red Flags Lurking in Americans’ 401(k) Plans
    Here are a few of the biggest red ... left by limited 401(k) choices. Employer matching contributions are a valuable perk of many plans, but they're not universal. Many employers will match an ...
    12/4/2024 - 4:12 am | View Link
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