Episode notes
Understanding 401(k) Contributions and Benefits
In this enlightening episode of Financial Advisors Say The Darndest Things, your host, AB Ridgeway, Certified Private Wealth Advisor, dives deep into the world of 401(k) plans. Many investors are unfamiliar with the nuances of retirement accounts, particularly the differences between an IRA and a 401(k). This episode sheds light on these topics, ensuring that you, as a savvy listener, are well-equipped to make informed decisions about your retirement savings.
Key Takeaways:
1. The Importance of Knowing Your Retirement Accounts: It's crucial to understand the different types of retirement accounts, including 401(k)s, IRAs, Roth IRAs, and 403(b)s. Each account type has distinct rules, benefits, and tax implications.
2. ...
... Read moreKeywords
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 401khow much can i contribute to a 401k