Thursday, December 12, 2019

If you don't know these 3 things about your 401(k), you're losing out

Title: If you don't know these 3 things about your 401(k), you're losing out

Article Snip: "...If you fund a traditional 401(k), the money you contribute is made with pre-tax dollars, which means you immediately shield income from the IRS. That could translate to some huge savings. For example, if you're under 50 and max out your 401(k) this year at $19,000, and you're in the 24% tax bracket, that means you effectively shave $4,5..."

Reference: www.usatoday.com

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