LITTLE ROCK, Ark. (KTHV) -- On this consumer Tuesday, we're focusing now on reviewing your 401K account.
Now's a good time to take another look at how much you're saving, balance what's there and commit to putting a little more away.
Financial planner Barry Corkern joined us with tips for managing your 401K.
How to Review your 401(k) Account:
1. Decide how much is allocated to cash, bonds and stocks
2. Rebalance your account to match the allocation
3. Select the best investment options for each allocation
Which portfolio you choose is based on risk tolerance and time horizon.