How to get the most out of your 401(k) contributions

The best way to take advantage of compound interest is by saving and investing in something like a 401(k) or Roth IRA as early as possible. The trick is to increase your contribution every year by such a small amount that you never even feel it. This story is part of CNBC Make It's One-Minute Money Hacks series, which provides easy, straightforward tips and tricks to help you understand your finances and take control of your money.