Now clearly, a 401(k) isn't your only choice when it comes to choosing a retirement savings plan. And if you missed out on your 401(k) match in 2021, it's imperative that you do your best to avoid that fate this year. If you don't snag your 401(k) match, you won't just be giving up free money. If you don't put $3,000 into your 401(k), you'll lose that opportunity. That's a pretty large chunk of retirement income to give up.

Source: Forbes January 03, 2022 12:51 UTC