Blunder # 9 – Missing An Employer’s 401(k) Match

It’s like winning the lottery– take your employer’s 401(k) match.
A surprising number of employees are missing out on the simplest way to build their retirement nest eggs – their employer’s 401(k) match. This is when employers match whatever contribution employees put into their 401(k) up to a certain level. So, if you’ve not already done so, enroll in a 401(k) plan, and set up an automatic contribution so your money is sent directly from your paycheck to your 401(k) account. This way you will never miss an employer’s contribution. The employer’s 401(k) match is is a win- win savings plan which will play an important role in creating a comfortable retirement.

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