Understanding Your 401(k)
December 19, 2022
More and more employers offer a 401(k) plan for retirement savings. This can be a great benefit, but you might not really understand why you should be excited about this or how to best take advantage of such a plan. Does it feel like there is a lot to understand? Well, that’s because there is. While 401(k)s were established to allow employees to contribute a portion of their paycheck, many employers do little to help you understand all the decisions you are about to make and why they really do matter.