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 A 401(k) can be a powerful saving tool, but you could miss out on benefits if you make these mistakes. Lordn / Shutterstock.com

One of the best benefits you can receive as an employee is access to a tax-advantaged retirement plan. When you contribute to a 401(k) account, you have the chance to get more bang for your retirement buck. However, you might not end up with as much as you’d like if you make a few common mistakes. Once you open that 401(k), you want to make sure you’re taking full advantage.

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