Your 401(k) can be among the most powerful wealth-building tools at your disposal. Between the fact that it gets funded automatically from your paycheck and the fact that it compounds tax advantaged on your behalf, it can enable you to reach millionaire status by retirement.
Still, a key challenge with your 401(k) is that because it’s automatic, it can be easy to forget about it. With the new year just getting started, now is an excellent time to take a look at your 401(k) and make these seven smart moves with it.
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