401(k) Plans Just Got More Attractive. Here's Why

Though 401(k) plans make it easy to save for retirement -- you simply sign up to have contributions deducted automatically from your earnings -- they're not perfect. In fact, some 401(k)s charge expensive fees that can eat away at your returns, while others offer limited investment choices that may not align with the strategy that works for you.

But in general, it does pay to participate in a 401(k) plan when there's an employer match on the table. And new data from Principal reveals that 401(k) matches have gotten a revival.

In the course of the pandemic, many employers had no choice but to pull their 401(k) matches as a cost-savings measure. But as of the first quarter of 2021, an estimated 40% had reinstated that match.

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Source Fool.com