Business
Thursday, 7/2, 08:38 PM
Max Out Your 401(k) or Pay Down Debt First? What Planners Actually Advise
- Stashing as much as possible in a 401(k) sounds like unambiguously smart money management.
- But financial planners say that if you are also carrying high-interest credit-card debt, maxing out retirement contributions can be the wrong first move — with one big exception you should never skip.
- Here is how advisers think about the order.