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Should Your 401K Contributions Be a Flat Rate or a Percentage?

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When you start a new job with an employer that sponsors 401(k) plans, you’re usually given the option to contribute part of your monthly earnings as either a flat dollar amount or a fixed percentage. But what’s the better option? Here’s a look at the difference in your longterm savings for both flat-rate and…

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Should Your 401K Contributions Be a Flat Rate or a Percentage?
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