Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

5 Strategies You Need for Your 401k


Making the most out of your 401k can make all the difference in the world when you're ready to retire. With the ability to sock away $19,500 per year -- or even $26,000 if you're over age 50  -- in a tax-advantaged way, it's fairly straightforward to wind up a millionaire by retirement just by using your 401k.

Of course, just because it's straightforward doesn't mean it's easy. If it were easy, everyone would already be on track to reach that goal. To get there, you need a plan to take you from wherever you currently are financially to where you want to be. These five strategies are ones you need to consider for your 401k as you work to build your winning retirement plan.

Image Source: Getty Images

Continue reading


Source Fool.com


Comments