Just a few of the questions you might scratch your head over: Which 401(k) fund choices to select? Managing Your 401(k) When You’re WorkingWhen I asked Gottfried for his best advice about managing a 401(k) while you’re working, his Number One tip was: Look into the fees of your 401(k) choices. Advice on Keeping 401(k) Fees LowGottfried noted that there tends to be a few different ways 401(k) fees can come out of the money you put in. We also talked about the two most common ways to invest a 401(k) fund: a target-date fund and a risk-based fund. Target-Date Funds: Pros and ConsI mentioned on the podcast that I’m a fan of target-date funds.

Source: Forbes September 27, 2020 12:00 UTC