Investing Blog Roundup: Increasing 401(k) Contributions
Wade D. Pfau
Today, I recently learned, is National 401(k) Day. Karen Damato of Money explains one of the most fundamental concepts about saving via a 401(k). Specifically, because of the immediate tax savings, increasing your 401(k) contributions doesn’t reduce your take-home pay by the full amount of the contribution.
Piper, Mike, "Investing Blog Roundup: Increasing 401(k) Contributions" (2016). In the News. 1652.