Early withdrawals from a 401(k) can be detrimental, especially considering that 33% of middle-class Americans cash in their retirement savings early. This not only incurs penalties but severely jeopardizes their future financial security.
Failing to take advantage of employer matches in a 401(k) plan is a common mistake. By not contributing enough to qualify for matching, individuals leave significant free money on the table which could exponentially grow their retirement savings over time.
Collection
[
|
...
]