With the ever-shrinking number of defined-benefit pension plans, saving for retirement has largely become the employee's responsibility instead of the employer's. In fact, many employers have switched over to defined contribution plans, such as the 401(k). And for many people, a 401(k) is their primary retirement savings vehicle.
If you have a 401(k) plan, it's important that you understand how it works and -- perhaps most importantly -- how much it's costing you.
Here are nine important 401(k) questions you should ask your employer.
This article,9 big 401(k) questions to ask your employer, was originally published on GOBankingRates.com.
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