If you want to get fit, there are some basic rules you need to follow, right? Things like exercising, eating healthy, minimizing stress and seeing your doctor regularly.
Financial fitness also has some rules. Here’s one of the biggest: When you’re offered free money, take it. We’re talking about that retirement plan at work.
If your employer offers matching contributions in your retirement plan, if your financial situation allows it, you really should take full advantage of it. After all, once you're vested it’s free money so why not do everything possible to make sure you get all they’re willing to give? It can be an easy way to grow that retirement account more quickly.
Typically all you have to do is visit your plan’s website or submit the right forms to HR and sign up today. Once you’ve done that, you’re in the game.
Not to get ahead of ourselves, but might we also suggest signing up for automatic increases in your contribution as well? Saving is so much easier if you have a plan.
Good luck and get saving.
Scott and JJ
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