Maximizing Your 401k: A Guide to Investing for Retirement
<p>A 401k is a retirement savings plan offered by many employers. It allows you to save a portion of your income on a pre-tax basis, and your employer may even offer to match a percentage of your contributions. The money in your 401k grows tax-free until you withdraw it at retirement age.</p>
<p>When you enroll in a 401k plan, you’ll be given a variety of investment options to choose from. These may include mutual funds, exchange-traded funds (ETFs), and individual stocks. Your employer may also offer a target-date fund, which automatically adjusts the mix of investments based on your projected retirement date.</p>
<p><a href="https://medium.com/@adm.moneymastery/maximizing-your-401k-a-guide-to-investing-for-retirement-ee511e65cbb7"><strong>Website</strong></a></p>