After spending the last several weeks meeting with 401(k) participants, I am reminded how confusing 401(k) options can be. Choices are never easy, and there is a lot to know and understand. Many participants want to know “how to do retirement right.” What I have assembled below are the top 10 most common pitfalls 401(k) investors fall into, and some steps to take to help avoid these.
1) Rollovers processed incorrectly
If you worked at an employer where you had a 401(k)