Your 401(k) is Free Money

Almost every company offering a 401(k) plan has an employee that doesn't take full advantage of its benefits. Don't let this be you. Don't leave free money on the table.

If your company offers to match your 401(k) contributions then be sure to contribute enough to get the full company match. All contributions are tax-free so you might not even notice a large difference to your net pay. Plus investment earnings are tax deferred so you won’t be paying taxes until money is withdrawn.

The 401(k) with a company match is hard to beat. Only after you contribute enough to receive the full company match should you consider other retirement investment plans such as the Roth IRA.