“You’re wasting your money by dumping it into a 401K”
"You're wasting your money by dumping it into a 401K" Started a new job and was looking to move roughly $40K to my new 401K from my previous pension account. I was told by an financial advisor at the company that the only benefit of having money in a 401K is the initial contribution, which my company will match. He went on to say "You're wasting your other money by dumping it into a 401(k)". Is th...