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We begin every relationship by having clients identify their personal and professional goals, including those related to lifestyle and multi-generational issues. AOL latest headlines, entertainment, sports, articles for business, health and world news. The company serves approximately million consumers and small businesses and has 7retail. You can contribute from to of each paycheck to the Plan. Navient and the Navient logo are registered service marks of Navient Solutions, LLC.
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Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Asset allocation, diversification and rebalancing do not ensure a profit or protect against loss in declining markets. Typically, this will be your broker.
Another way to see the potential impact of increasing your contributions is to understand the concept of compounding. Basically, compounding is when any earnings you make in your 401(k) account are automatically reinvested and can potentially generate more earnings over time—kind of like a snowball effect.
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