5 Features to Help You Make the Most of Your 401(k)

Oct. 4, 2024 - AARP

Contribute regularly to an employer-sponsored savings plan such as a 401(k). Recent federal legislation has opened doors for additional features aimed at helping workers tailor their plans to meet their individual needs, now and in retirement.

Some of these features have yet to be widely adopted, but analysts are optimistic that they will spread. Here are five ways 401(k) plans are evolving into more than just a place to put aside a chunk of your paycheck for retirement.

Though automatic features take much of the legwork out of saving for retirement, it’s still a good idea to stay on top of your 401(k)...