I’ve been getting quite a few questions about 401(k)s lately, mainly people asking if they should contribute to their 401(k) or how much to contribute. So, I figured I’d write a brief 401(k) post. 401(k)s hold a special place in my heart because growing up I distinctly remember people talking about them, but I had absolutely no clue what they were. In my mind, they were a complex insurance or money thing that adults had to deal with. Even as I got older and began to work and start college I would occasionally hear people mention them, but was either too afraid or just didn’t care enough to inquire about them.
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Should You Max Out Your 401(k)?
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I’ve been getting quite a few questions about 401(k)s lately, mainly people asking if they should contribute to their 401(k) or how much to contribute. So, I figured I’d write a brief 401(k) post. 401(k)s hold a special place in my heart because growing up I distinctly remember people talking about them, but I had absolutely no clue what they were. In my mind, they were a complex insurance or money thing that adults had to deal with. Even as I got older and began to work and start college I would occasionally hear people mention them, but was either too afraid or just didn’t care enough to inquire about them.