Should You Max Out Your 401(k)? We’ve Got Answers

Maxing out your 401(k) isn’t always the smartest move. Here’s how to balance growth with flexibility.

Once you’re familiar with your company’s 401(k) plan, you can determine if you should contribute the maximum allowable amount. Dreamstime/TCA

By Adam Shell From Kiplinger’s Personal Finance

You’ve probably heard it a million times: Max out your 401(k). That advice ranks right up there with “eat healthy” and “get regular exercise.”