Why Your 401(k) Employer Match May Not Be Free Money After All

Why Your 401(k) Employer Match May Not Be Free Money After All

Anytime you come across a personal finance-related article, chances are, you'll likely read advice from a financial advisor or "personal finance expert" preaching you should contribute money to your 401(k) up to the employer match because it's essentially "free money." Sound familiar?

Unfortunately, this type of blanket advice is not always true and could be dangerous, especially if one is trying to pay down high interest credit card debt. 

Here's why your 401(k) employer match may not be free money after all.