Five things you probably didn’t know about 401K (but should)

US investors hold $10.4 trillion in 401,000 assets As of the first quarter of 2022, making 401K far and away the common choice for Americans saving for their retirement years.

With all that treasure hidden in 401k plans, you might think retirement investors would take the time to figure out exactly what’s in their retirement plans, so they can make informed investment savings and withdrawal decisions.

Unfortunately, this is not a trend.

In fact, A recent study from Dream Forwarda 401k plan provider, showed that 63% of 401k plan owners “do not understand 401k and financial terms.”

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