So, you have a 401K. Congratulations! (many don’t) What’s next? You have to decide how much you would like to contribute, of course. And this crucial stage is where I fear that many people get tripped up. Many employers with a 401K plan offer a match. And it seems natural that many employees will look at that matching percentage as a suggestion. Or worse, a maximum. According to the Bureau of Labor Statistics, the average 401K match nets out to 3.57%. In their most recent National Compensation Survey, they found that of the 61% of employers that actually do offer
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