Ask Terry Questions 401K contributions

401K contributions

By Terry Savage on March 17, 2020 | Financial Planning / Retirement

Is now the time to increase my 401K contributions?

Terry Says

That all depends on your financial situation, your age, and your risk tolerance. But if your employer is matching your contributions — and if you have at least a 20 year horizon until retirement — then by all means put in more each month up to the level of the match!

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