Signing up for a 401(k) plan through work is perhaps one of the easiest ways to save for retirement. With a 401(k), your savings get funded automatically via payroll deductions. You don't have to think about cutting back on spending month after month to free up cash for your retirement savings because that money comes out of your paycheck off the bat.

But despite the ease and convenience of a 401(k) plan, saving in the particular one your employer offers isn't necessarily your best bet. Here are a few reasons you may want to pass on your company's 401(k).

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Source Fool.com