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Thursday, July 22, 2010

How to make the most of employee benefits

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,"  "They somehow think joining the 403(b) is costing them money, when it's actually getting them more."

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