This post may contain affiliate links which may compensate us based on your interaction. Please read the disclosures for more information.
This easy mistake could cost you “enough to fund an estimated six additional years of spending in retirement,” Vanguard says. fizkes / Shutterstock.com
When Americans switch jobs, they often see a boost in earnings — but if they’re not careful, a common 401(k) mistake can be a major setback for their retirement savings. A 401(k) allows you to allocate a percentage of your paycheck to a tax-advantaged investment account. These employer-sponsored plans are a smart tool for most workers because contributions reduce your taxable income…
More from my site
Ramit Sethi Says This Investment Decision Can Make You Hundreds of Thousands of Dollars
Top 5 Side Hustles for Retirees
12 Expenses You May Be Tempted To Claim As Tax Deductions — but Shouldn’t
12 Celebrities Who Have Run for Public Office
Here’s What Happens if You Don’t Use a Credit Card for a Year Or More
Grubhub Is Free With Amazon Prime. Should You Sign Up?
