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Your 401(k) can be a powerful tool, but it has its disadvantages
Many employers automatically enroll new workers in their 401(k) plans to make it one of the easiest ways to save for your retirement. But is it the only way to save for retirement? Although the 401(k) is not perfect, and every type of account will have drawbacks, there is no harm in investing in one. Katie Brockman explores the few downsides to the 401(k) account and how they could be costing you without you even realizing it. Read Ms. Brockman’s article here…
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