If you have a 401(k) through your employer, you have a good way to prepare for retirement. It is even better if your employer is giving you matching contributions. This fact alone can make investing in a 401(k) a worthwhile investment. Still, there are some things you need to think about before maxing out your 401k contributions every year.
The Positive Aspects of Having a 401(k) Its Convenience Once you sign up for paycheck withdrawals and put them into your 401(k) account, you can forget about it. Every payday more will be contributed to your retirement account, and it grows even faster. It is not going to be much simpler than that….