Investors should consider:
1. the amount an employer will match for a 401(k): you don't have to forget when you will need the money, retirement is years away, but you have to know what choices will make it worth by the time you need the money back. And it is also important to know really how much you can invest. When you have a large amount more options are available. But using a variety of investments will reduce the risk.
3. the ideal age to establish a particular retirement plan: that will set you up for the plan you need. Below 50 or older.
4. the amount an investor is allowed to contribute annually, the federal lwa allows a maximun contribution for participants older than 50.
5. the tax laws and breaks related to different retirement plans: retirement plans can often give you tax benefits in the present it depends to the one you choose. For example, the payment of the tax on the money deposited in a traditional 401 (k) plan can be delayed until the money is withdrawn from the account.
