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No 401(k) Match? 5 Alternate Ways to Save for Retirement


One of the biggest perks of saving for retirement in a 401(k) account is the employer match. But not every employer plan offers a match, and some companies have temporarily suspended their matching contributions amid the coronavirus pandemic.

A lack of a company match makes the 401(k) a much less attractive savings account, especially considering the high fees typically associated with 401(k) plans and investment options. Here are five choices to consider if your employer doesn't offer a matching contribution.

Image source: Getty Images.

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Source Fool.com


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