One of the best ways to sock away substantial long-term dollars for retirement is to participate in an employer-sponsored 401(k). In fact, maximum contributions to 401(k), 403(b) and 457 accounts rose to $16,500 in 2009, with an additional $6,000 contribution available as a catch-up provision for those over the age of 50. Unfortunately, many participants in retirement plans leave their plans on autopilot and fail to tune up their plans periodically. Here are some things to consider as you tweak your hard-earned retirement savings for optimum performance. Make consistent pre-tax depositsOut of sight, out of mind. You won’t miss the […]
-Read MoreFailure to tweak your savings could cost you
- Rob West
- 30 Jan 2010
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