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Markets · Investing · Business
Finance
2 Times I'd Definitely Recommend Skipping Your 401(k) Match
Leaving this money on the table is rarely a good idea, but there are a couple of exceptions.
Claiming your 401(k) match is one of the most common pieces of retirement savings advice for good reason. By giving up a few thousand dollars today, your employer could give you a matching contribution that may be worth tens of thousands of dollars by the time you're ready to leave the workforce.
So it might seem strange to hear that there are actually times when you should skip your 401(k) match. But in the following two situations, it can really be to your advantage.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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