3 Plain-as-Day Reasons Your 401(k) Can Be Overrated
Any time you're saving and investing for retirement, it's a good thing. A 401(k) plan is the most popular type of retirement account, and it comes with great benefits -- such as pre-tax contributions -- that you should absolutely take advantage of. As with most things, though, there are pros and cons to a 401(k) plan. The benefits of a 401(k) far outweigh the drawbacks, but they're drawbacks nonetheless.
To put yourself in the best position to accomplish your financial goals for retirement, you need to be multifaceted and use all available resources, including various other retirement accounts that make up in places where a 401(k) may lack.
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Source Fool.com
