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The Unfortunate Truth About Maxing Out Your 401(k)


A 401(k) is a great resource for saving and investing for retirement. Not only does it help you set aside money for your financial future, but it also helps you save money in the present by lowering your taxable income -- a win-win.

The more you save for retirement the better, but it's also important to understand your different options and which may suit you best. Before you decide to try maxing out your 401(k), here are a few unfortunate truths to know.

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Source Fool.com

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