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#2 Building Block – Learn how to put money into your 401(k) plan



It’s possible that you aren’t aware of rules affecting contributions to your specific plan. Here are the questions to ask yourself:

What are the eligibility requirements and vesting schedule?
How much money can I put in my plan?
What is the tax-free allowance or government subsidy?

Since only you know exactly how each of these plan elements affect you, the more knowledge you have, the greater possibility you have of getting the full benefit of your plan.