3 401(k) Questions You Should Be Able to Answer Without Thinking
When you applied for your job, you probably asked whether your company had a 401(k) and whether it matched employee contributions. But most people don't dig any further than this. That might be all you need to know when you're considering the job, but if you're going to actually use your company's 401(k), you need a deeper understanding of how it works so you don't accidentally cost yourself money.
You should be able to answer the three 401(k) questions listed below without pausing to think about it. If you're not sure about some of them, do some research now and consider changing how much you contribute to your plan if necessary.
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Source Fool.com