3 Strategies You Need for Your 401(k)

When it comes to saving for retirement, you have choices. You could sock your money away in an IRA, or you could sign up for your employer's 401(k) plan.

Saving in a 401(k) is easy and convenient, and if you manage your account the right away, you may be surprised at how much wealth you're able to accumulate in it. Here are a few key strategies for making the most of your 401(k).

Many employers that offer a 401(k) plan also match workers' contributions to some degree. Put enough into your 401(k) to claim your match in full -- if you don't, you're giving up free money.

Source Fool.com