2 Crucial Year-End 401(k) Deadlines You Need to Know

As the end of 2020 approaches, now is an excellent time to ensure your finances are in order. Taking a few minutes to check off all the items on your fiscal to-do list can help you avoid headaches and even penalties next year.

For example, if you have a 401(k) plan, Dec. 31 is a key deadline on a couple of different fronts that you should be aware of. Failing to act before 2021 could cost you.

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Source Fool.com