How to Make the Most of Your 401k in 2018
2018 is coming to an end… are you making the most of your hard earned 401k dollars? Blooom breaks down the best ways to make the most of your existing company-sponsored retirement plan in 3 easy steps. Just ask yourself…
1. Does your employer match?
Contribute enough to get the full match! It’s essentially free money.
2. Can you max out?
2018 max contribution is $18.5k (below 50 years old), increasing to $19k in 2019. Savers above 50 have higher contribution limits.
3. Are you making the most of your funds?
See if you’re properly diversified… try blooom’s free analysis.