Traditional IRA versus 401k: Choosing The Right Retirement Account

By understanding your tax-advantaged retirement savings options, you’re following Mint’s second Principle of Personal Finance: Making your Money work Hard for You. Any dollar you don’t pay in taxes is another dollar you can invest

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Traditional IRA versus 401k: Choosing The Right Retirement Account

A 401k provided by your employer can be one of your best financial planning tools. 401k’s allow you to save money in a tax deferred account via payroll deductions. Here are situations where you might want to take advantage of your 401k:

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