Skip to Content
AP National

Liz Weston: How to spot a great 401(k)

KIFI
By
Published 5:02 AM

By LIZ WESTON OF NerdWallet

It pays to know the difference between a good 401(k) and a great 401(k). Compared to an average plan, great plans offer features that could potentially lead to tens of thousands of dollars in additional retirement money. Learn the ins and outs of your current 401(k) and compare it to some of the hallmarks of a great 401(k). Pay particular attention to a plan’s contribution waiting period, matching formula and vesting schedule. You could use what you learn as leverage to evaluate job offers or negotiate a raise.

Article Topic Follows: AP National

Jump to comments ↓

Author Profile Photo

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.