No Chance of Maxing Out Your 401(k) in 2023? Make This Your Goal Instead

No Chance of Maxing Out Your 401(k) in 2023? Make This Your Goal Instead

Maxing out your 401(k) can go a long way toward improving your retirement preparedness. Many employers offer a 401(k) match as a way to attract top talent and help ease the burden of saving for retirement. Claiming your full 401(k) match every year can significantly increase your 401(k) balance, especially if you get a dollar-for-dollar match.