Most People Are in the Dark About These 3 Key 401(k) Details
Pop quiz: How does a 401(k) actually work? You probably know that money comes out of your paycheck and goes into the account, that the government gives you a tax break on your contributions, and that the money grows over time to help cover expenses in retirement.
Many people think that's all there is to know, but there are a few other things that everyone should understand about their 401(k) if they want to get the most out of it. Here are three of them.
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Source Fool.com
