3 Problems With 401(k)s You Should Know About

Many workers save for retirement in a 401(k). If you have access to one of these savings plans through your employer, it could pay to take advantage of it. Not only do 401(k) plans come with generous contribution limits, but many companies have matching programs that allow workers to receive free money toward retirement in their accounts.

But if you're intent on building a solid nest egg for your senior years, you may not want to bank solely on your 401(k). Here are a few problems with this popular savings option.

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Source Fool.com