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

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

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.