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Think Twice Before Maxing Out A 401(K) If You Carry High-Interest Debt

Think Twice Before Maxing Out A 401(K) If You Carry High-Interest Debt

AI Briefing

  • Maxing out a 401(k) should not be prioritized over paying off high-interest debt.
  • Paying off high-interest debt can save thousands in interest payments over time.
  • Consider consolidating debt before maximizing retirement savings.
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