Get the most from your 401(k)

   You won’t see any greeting cards celebrating it, and it’s not likely to be on your calendar, but in just a few weeks, National 401(k) Day will be observed. 
   Are you taking full advantage of your own 401(k)? 
   At a minimum, contribute enough to your plan to earn your employer’s match, if one is offered. 
   Also, every time your salary goes up, boost your 401(k) contributions. 
   Furthermore, since your 401(k) is designed to help you pay for a long retirement, you’ll need your account to include investments designed to provide growth. 
   Of course, keep in mind that these types of investments will fluctuate in value, so you’ll need to consider your risk tolerance. 
   Finally, be careful about taking out loans from your account. 
   It’s true that you’ll be paying yourself back, but by removing money, even temporarily, you might harm the growth potential of your 401(k). 
   National 401(k) Day is just that – a day. 
   But by taking the appropriate steps, you can help ensure your own 401(k) gives you many years’ worth of benefits. 
   This article was written by Edward Jones for use by your local Edward Jones Financial Advisor John Dickerson. Member SIPC. 

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