Many Americans are finding it increasingly difficult to contribute to their 401(k) plans as financial pressures mount.

Rising costs for housing, health care, and everyday expenses are forcing individuals to make tough choices between saving for retirement and managing immediate obligations.

At the same time, concerns about the future of Social Security are growing. With projections indicating potential benefit reductions in the coming decade, there is widespread uncertainty about whether Social Security will provide adequate income in retirement.

Dave Ramsey, radio host and bestselling personal finance author, offers his perspective on an important concern a number of people have about making contributions to their 401(k) plans.

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