“Save as much as possible as early as possible” is a generally accepted principle of retirement saving – and widely viewed as the most important principle. There are, however, exceptions – and today’s article details how “contributing too much to your 401(k) or similar retirement plan too early in the year may be hazardous to your retirement-savings health” and cause you to lose out on free money. For more – including how proper planning can help you avoid becoming a victim of the “too-much-too-soon trap”, CLICK HERE.
