Retirement plans4 of 7Don't miss out on a match. If your company offers a 401(k) or 403(b) retirement plan, ask whether the employer will match the money you save.Having a portion of your salary withheld from each paycheck and deposited into a tax-deferred retirement savings account is generally a good idea even without an employer match. But if your company matches the money you save, it's like free money."This is the biggest mistake I see people make," says Sarah Westmoreland, finance associate at a California independent school. "They somehow think joining the 403(b) is costing them money, when it's actually getting them more." Related Articles:Shopping for health insuranceHealth insurance reformsBuying private health insuranceRelated Links:Choose a health planBest dental protection?Coping with no insurance advertisement
Don't miss out on a match. If your company offers a 401(k) or 403(b) retirement plan, ask whether the employer will match the money you save.
Having a portion of your salary withheld from each paycheck and deposited into a tax-deferred retirement savings account is generally a good idea even without an employer match. But if your company matches the money you save, it's like free money.
"This is the biggest mistake I see people make," says Sarah Westmoreland, finance associate at a California independent school. "They somehow think joining the 403(b) is costing them money, when it's actually getting them more."