How Ready Are You for Retirement? This Quiz Will Tell You

How Ready Are You for Retirement? This Quiz Will Tell You

What is one big benefit of putting money into a 401(k)?

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Correct Incorrect A 401(k) lets your money grow tax-deferred until you take it out later.

What is one big benefit of putting money into a 401(k)?

  • You can take money out anytime without tax
  • The money grows without taxes right away
  • It gives you free health insurance
  • It doesn't count as income
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