Why squirreling away every spare dime into your 401(k) is a bad idea

  • Once you’ve reached retirement, you want a combination of taxable, tax-deferred and tax-free pots of savings.
  • Hoarding all of your savings into 401(k)s and traditional IRAs leaves you with less flexibility – and more of your income will be subject to rates as high as 37 percent.

Read this article on CNBC.com

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