1. Maxing Out Your 401(k) Could Lead to More Taxes on Social Security. Do This Instead

    Maxing Out Your 401(k) Could Lead to More Taxes on Social Security. Do This Instead

    A 401(k) plan is a great tool to save for retirement if your employer offers one. After all, investing in one is easy since the money is taken out of your paycheck directly. And you get to save with pre-tax dollars, which makes it much more affordable to put money into your account. Your employer may even match some of the contributions you make, which is a huge benefit since you're literally getting free money.

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