If your employer doesn’t offer a 401(k) retirement plan, finding the best ways to save for your golden years might be challenging. Most companies don’t provide workers the option to participate in a plan, so preparing for the golden years typically falls to individuals. And no matter when you start, saving is still possible. Here are three effective ways to save for the future.
Most individuals will change employers several times throughout their working years. It’s possible during those career shifts, workers will unwittingly leave behind retirement benefits accumulated over their tenure with the company. For that reason, it’s important to know how to track down long-forgotten 401(k) accounts. Luckily, there are steps you can take to reclaim the lost retirement account and roll it into your current 401(k) or another retirement account.