AARP Rewards is here to make your next steps easy, rewarding and fun! Learn more.
AARP en Nuevo México, January 6, 2009
Q. My firm is no longer matching my 401(k) contribution. I’m 51. Should I keep saving in the plan?
A. Yes, at your age saving for your future is important. A 401(k) plan carries fewer fees and greater tax advantages than other retirement savings accounts such as an IRA. However, investing in an IRA is a good idea after you’ve maxed out your 401(k) contribution.
Source: Jean Setzfand
Please leave your comment below.
You must be logged in to leave a comment.
Free calculators to help manage your money
Rate bonus on high-yield online savings account
Real-life solutions to help close the retirement savings gap
AARP members receive exclusive member benefits & affect social change.
You are leaving AARP.org and going to the website of our trusted provider. The provider’s terms, conditions and policies apply. Please return to AARP.org to learn more about other benefits.
Your email address is now confirmed.
Manage your email preferences and tell us which topics interest you so that we can prioritize the information you receive.
Explore all that AARP has to offer.
In the next 24 hours, you will receive an email to confirm your subscription to receive emails
related to AARP volunteering. Once you confirm that subscription, you will regularly
receive communications related to AARP volunteering. In the meantime, please feel free
to search for ways to make a difference in your community at