If you spend much time perusing personal finance advice, you've probably come across the recommendation to contribute to an employer-sponsored retirement account (usually a 401k or 403b) so you maximize your employer's matching contribution. For most of us, that just means contributing at least up to the point that our employers would stop matching our … Continue reading Retirement Accounts: Two Ways to Miss Out on Your Employer Match
Tag: 401k
How I Pick Funds in a 401k (or 403b)
For most Americans, the easiest way to save for retirement is probably the 401k (or 403b). The importance of these types of accounts, sometimes referred to as defined contribution plans, has grown since section 401k was inserted into the US tax code in 1978. According to Investopedia, only 16% of Fortune 500 companies offered their … Continue reading How I Pick Funds in a 401k (or 403b)