Monday’s need-to-know money news

401k-planToday’s top story: How to choose the right 401K plan. Also in the news: Money losses you can’t claim on your taxes, the benefits of prepaying your mortgage, and how to survive living on a budget.

Do You Have the Right 401K?
Picking the plan that’s right for you.

These Money Losses Won’t Help You at Tax Time
Losses you can’t write off.

Should You Prepay Your Mortgage?
Prepaying could put more money in your pocket.

5 Strategies That Make it More Fun to Live on a Budget
It doesn’t have to be miserable.