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The Short Answer

Should I Invest Part of My Bonus in My 401(k)?

We tackle this and other reader questions about 401(k)s.

Q: Should I elect to put my bonus into my 401(k)? I've heard conflicting advice, but I don't understand the downside.

A: You're thinking along the right lines here--the goal in retirement savings is to sock away as much as you can reasonably afford to. (In other words, don't rack up credit card debt in the present trying to save for the future.) 

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