Maximizing Your 401k: Understanding Contributions, Withdrawals, and Tax Implications (#303)

Financial Advisors Say The Darndest Things by A.B. Ridgeway, CPWA®️, MBA

Episode notes

Do you have a 401k retirement plans? In this episode, we are focusing on the crucial aspects of contributions, employer matching, and the often-overlooked withdrawal process. Drawing from his years of experience as a Certified Private Wealth Advisor professional®️, A.B. Ridgeway breaks down the intricacies of 401k plans, emphasizing the importance of making informed decisions to avoid costly mistakes. This episode is packed with valuable insights and practical advice for Christian investors who want to ensure their retirement savings are both righteous and abundant.

Key Takeaways:

  1. Understanding 401k Contributions and Employer Matching Many Christian investors miss out on free money because they don't fully understand how their 401k plan works. A 401k is not an investment itself, but a tax code for a retirement ac ... 
 ...  Read more
Keywords
401k401k fidelity investments401k retirement billshould i invest in my companys 401kWhat are the IRA, Roth IRA, 401k, 403b, 457 and Thrift Savings Plan Contribution Limits for 2024401k 2024 contribution limit chartMax 401kWhat is 401kFidelity 401k