Do We Need A 401(k), Or Other Work Retirement Vehicle?

You sign up for the plan, you define what percentage you want withheld from each paycheck and you select your investment options. If you select a traditional 401(k), you get a reduction on your taxes in the year you contribute. Hopefully you get a company match, and all is good. For people who are more diligent they will look at the options and investment fees. They might decide to put only the minimum in the plan to get the match and invest outside the plan for better options/costs. <a href="https://medium.com/the-investors-handbook/do-we-need-a-401-k-or-other-work-retirement-vehicle-66c0c5174aeb">Click Here</a>