Five Mistakes to avoid with a 401K

Cnn Money has a good write-up on 401(k) flubs to avoid. Which most of us can stand to avoid.

They have a good write-up that you should make sure to read on each mistake but here is a list to keep you interested.

1. Not participating in your 401K

2. Not contributing enough

3. Not investing for growth - this one you should read about

4. Borrowing from your 401K

5. Cashing out your 401K - early is a no no

Check it out, you’ll learn something new and maybe make a little more money in the coming year.

technorati tags:Retirement, Savings, Money, Investing, 401K, Cash