5 Steps to Improving the Investment Options in Your Employer’s 401(k) Plan

5) Think twice before exiting: Even if your options remain limited, you may want to reconsider completely withdrawing from a company-sponsored 401(k) plan. A 401(k) allows you to save funds tax deferred, up to $16,500 each year (with a catch-up for those over 50), explains Brown. Keep in mind that even though IRAs offer more flexibility in investment choices, they have much lower tax deferral amounts.