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Average 401(k) Balance by Age (2024 Edition)

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Maximizing Employer Match and Understanding Fees in 401k Plans

The chapter explores the importance of maximizing employer match in 401k plans, highlights the benefits of index funds, and discusses the significance of understanding fee structures of different providers like Vanguard and Fidelity Investments. It also covers the increased contribution limits for 2024 and the concept of non-elective contributions.

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