5 Tips to Optimize your 401(k)

Dec 13, 2016 by

1.  Participate This may sound too simple, but make sure you sign up for your 401(k) account if it is offered by your employer.  In order to reach financial freedom, we need to take an active role in determining how to reach our goals.  Participating in a 401(k) is crucial to reaching financial freedom as it allows us to grow money in tax-advantaged accounts for us to take out later in life.  Many companies have even started to auto-enroll employees as they are hired.  This is great because it automatically gets people saving whether they mean to or not. 2.  Meet the employer match Would you say no to free money? Me neither, so if your company offers a 401(k) match, make sure to meet the requirements!  Typically the arrangement is structured so that the...

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