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In this episode Tyler, Allison and Kurt give you the low down on all things 401(k), including:
How much should you put in? What is the MOST you can put in?
How does employer match work? What is vesting?
Traditional vs. Roth Contributions
Investment options
Target Date Funds
Self-directed brokerage accounts
Account loans
Compounding Interest
Dollar Cost Averaging
401(k) loan calculator discussed on the show: https://www.bankrate.com/calculators/retirement/borrow-from-401k-calculator.aspx
We hope you are already breathing easier about life!
In this episode Tyler, Allison and Kurt give you the low down on all things 401(k), including:
How much should you put in? What is the MOST you can put in?
How does employer match work? What is vesting?
Traditional vs. Roth Contributions
Investment options
Target Date Funds
Self-directed brokerage accounts
Account loans
Compounding Interest
Dollar Cost Averaging
401(k) loan calculator discussed on the show: https://www.bankrate.com/calculators/retirement/borrow-from-401k-calculator.aspx
We hope you are already breathing easier about life!