Just Getting The Company Match May Not Be Enough For Retirement

Just Getting The Company Match May Not Be Enough For Retirement

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Many people relate to 401(k) and 403(b) plans, which feature optional employer matching contributions. (There are other plan types such as the SIMPLE plan, which offers an employer match, which we are leaving out of this article.) Some employees say that if the company does not match their contribution, they simply won’t save. But a different viewpoint is in order—one that focuses on…

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