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Mistakes employees often make with retirement savings Many retirement investors make the mistake of including the stock of their employer in their portfolio, or taking equal amounts of every single investment option within their plans, writes Manisha Thakor, an expert with Buckingham and The BAM Alliance. Writing in The Wall Street Journal, Thakor outlines several common mistakes. For instance, many clients also err in thinking that participating in their workplace retirement plan is not worth it if there is no employer match contribution, while others opt for a default investment option even if it doesn't suit their circumstances, Thakor writes. Then there are clients who do not spend enough time to understand whether a traditional 401(k) or Roth 401(k) plan will be more useful to them, while there are workers who fail to consider the tax advantages of taking part in a deferred compensation program, Thakor says.--The Wall Street Journal
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