How a 401(k) can help you retire richer

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Make Your 401(k) Game Plan

Prep now, retire better later

Let’s talk retirement. Whether you’re a couple of years or 50 years away from clocking out for the last time, preparation is key. That’s where a 401(k) can help. 

 

If your employer offers a 401(k), the time to sign up was yesterday. Here’s how a traditional 401(k) works: You contribute a portion of your pre-tax income to this retirement investment fund offered through your employer. Your company may even offer a match — the average is 4.6% of pay, according to Vanguard. If so, take advantage of it! It’s free money after all. Over the years, your money can grow tax free. And when you withdraw money in retirement, you’ll pay taxes on it then, when you’re likely in a lower tax bracket. 

 

A 401(k) can help you live well in retirement, supplementing your Social Security benefits and any other income you may be bringing in. Our guide will not only answer FAQs about these retirement accounts, but help you understand how to tailor your retirement strategy for your needs.

The 401(k) Starter Guide
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You should invest 15% of your pretax income into your 401(k), including employer contributions, according to Fidelity's annual guidelines for 2026.
 

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