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So you finally got that job with healthcare benefits and a 401(k) retirement savings plan. The only thing about that 401(k) is that your company does not contribute a single dollar to your retirement.
After the economy took a severe turn for the worse in the early 2000s, several corporations put a freeze on their 401(k) match and some have yet to reinstate their contributions. Most companies are waiting for their bottom lines to show signs of improvement before they even consider offering any type of 401(k) match.
But why do you have to wait to save for retirement? Why not find an alternative or a backup plan to add to your retirement nest egg? How about making your own contribution to a Roth IRA? The following are six things to know to help you get started.