3 Pitfalls of Only Using a 401(k) for Retirement

3 Pitfalls of Only Using a 401(k) for Retirement

401(k)s are among the most popular retirement savings vehicles for plenty of reasons. Most 401(k)s only offer a handful of investment options preselected by your employer. 401(k)s are also known for having higher administrative fees than some other types of retirement plans, like IRAs.