Contributing to 402(k) plan
This year you should contribute to your company’s 401(k) plan. A 401(k) plan is a tax-advantaged, defined-contribution retirement account offered by many employers to their employees.
According to Steven Donovan, “it’s a great way to start investing in your long term retirement. Don’t get overwhelmed when choosing your investment. Start simple with an S&P 500 Index Fund or a Retirement Date Fund.”
