I currently started a new job that offers a 401K Plan. The company allows us to contribute 16% of our salary and they match 70% of 6% of what I contribute. So The max I can contribute is $7,000 and they match about $300. The company has a annual rate of return at about 11%. Is it a good idea for me to contribute to this 401K or an I better off investing for my self?
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