This Is the Best Reason Not to Max Out Your 401(k)

This Is the Best Reason Not to Max Out Your 401(k)
·3 min read

Putting some of your cash into a 401(k) is usually a good idea. Because a 401(k) has high contribution limits, maxing it out would mean putting most or all of your retirement money into the account for most people; and that could be a mistake. See, the best reason for not maxing out a 401(k) is that other types of tax-advantaged retirement plans can provide better benefits than 401(k) plans.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting