Plan for Retirement

Four Common 401(k) Mistakes to Avoid

While there is no one-size-fits-all, avoiding these mistakes is a good start

A lot of plan participants make the same mistakes when choosing investments. The results are low returns and unbalanced portfolios. Avoiding these four mistakes is a good start for getting more out of your 401(k).

There is no easy answer to how you should allocate your 401(k). You have to make these decisions on your own based on your personal risk tolerance, investment choices, and the allocation of your other investments.