It May Be Time to Stop Contributing to Your 401(k). Here's How to Know.
Funding your workplace plan may not make sense after a certain point.
Overview
Contributing to a 401(k) is one of the most seamless ways to save for retirement. You tell your employer how much money to withhold from your paychecks, choose your investments, and call it a day.
Plus, with a traditional 401(k) plan, you get to enjoy tax-free contributions and tax-deferred gains. And if you have a workplace match, that's free money to add to your retirement savings.
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Details
Source
Originally published at www.fool.com.
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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.