What if I can't invest the maximum right now?
- What are defined contribution plans?
- How do defined contribution plans work?
- How does the money get invested?
- What tax benefits do 401(k)s offer?
- Do I have to contribute to my plan?
- Why is a 401(k) such a good deal?
- When do I pay tax on a 401(k)?
- How is a Roth 401(k) different?
- What is a matching contribution?
- How does vesting work exactly?
- How much should I contribute to my plan?
- What if I can't invest the maximum right now?
- What if I need the money before I retire?
- What if I leave my job?
Try to contribute at least enough to qualify for your company's maximum matching contribution. Research shows that about one-third of 401(k) participants don't contribute enough to qualify for the maximum matching contribution from their employer. Your Human Resources department can tell you how much you need to contribute in order to get the greatest match. Do it!
