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25 ways to fix your 401(k) before it's too late

GOBankingRates Logo By John Csiszar of GOBankingRates | Slide 1 of 28: When it comes to saving for retirement, few options are better than a 401(k) plan. Where else can you make pretax contributions, get tax-deferred investments and enjoy free money via an employer match? Despite these advantages, many 401(k) plans aren’t living up to their potential. Whether there are flaws in the structure of the plans themselves or the participants are not optimally managing them, there’s usually room for improvement. These 25 ways that you and your employer can improve your 401(k) plan going forward might just help you reach retirement sooner.
Last updated: Nov. 25, 2019

Fix Your 401(k)

When it comes to saving for retirement, few options are better than a 401(k) plan. Where else can you make pretax contributions, get tax-deferred investments and enjoy free money via an employer match?

Despite these advantages, many 401(k) plans aren’t living up to their potential. Whether there are flaws in the structure of the plans themselves or the participants are not optimally managing them, there’s usually room for improvement.

These 25 ways that you and your employer can improve your 401(k) plan going forward might just help you reach retirement sooner. Click ahead to see them.

Related: Here’s How To Retire Early and Quit the Daily Grind

Last updated: Nov. 25, 2019

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