#3: I discuss a comprehensive framework for understanding how 401ks work and how to use them strategically.What you’ll learn in this episode:<ul><li>Origins of the 401k and some interesting stats</li><li>Contributions</li><li>Tax deferral</li><li>Withdrawal age + tax at withdrawal</li><li>RMDs</li><li>Other: Rollovers, loans, beneficiaries, creditors, inheritance</li></ul>Links mentioned in this episode:<ul><li><a href='https://hackyourwealth.com/401k'>Download 401k reference checklist freebie (show notes)</a></li><li><a href='https://hackyourwealth.com/self-directed-solo-401k-plan'>All about Solo 401ks</a></li><li><a href='https://www.facebook.com/groups/433119173998524/'>HYW private Facebook community</a></li></ul>Intro/Outro: Old Bossa by Twin Musicom.

#3: I discuss a comprehensive framework for understanding how 401ks work and how to use them strategically. What you’ll learn in this episode:Origins of the 401k and some interesting statsContributionsTax deferralWithdrawal age + tax at withdrawalRMDsOther: Rollovers, loans, beneficiaries, creditors, inheritanceLinks mentioned in this episode:Download 401k reference checklist freebie (show notes)All about Solo 401ksHYW private Facebook communityIntro/Outro: Old Bossa by Twin Musicom.

#3: I discuss a comprehensive framework for understanding how 401ks work and how to use them strategically.What you’ll learn in this episode:<ul><li>Origins of the 401k and some interesting stats</li><li>Contributions</li><li>Tax deferral</li><li>Withdrawal age + tax at withdrawal</li><li>RMDs</li><li>Other: Rollovers, loans, beneficiaries, creditors, inheritance</li></ul>Links mentioned in this episode:<ul><li><a href="https://hackyourwealth.com/401k" rel="noopener noreferrer">Download 401k reference checklist freebie (show notes)</a></li><li><a href="https://hackyourwealth.com/self-directed-solo-401k-plan" rel="noopener noreferrer">All about Solo 401ks</a></li><li><a href="https://www.facebook.com/groups/433119173998524/" rel="noopener noreferrer">HYW private Facebook community</a></li></ul>Intro/Outro: Old Bossa by Twin Musicom.

Everything you need to know about 401Ks

As a lawyer / engineer / MBA, how can you achieve FIRE (financial independence, retire early) rapidly to quit the rat race, pursue your passions, and live life on your own terms? Andrew Chen – founder of the Hack Your Wealth Blog and lawyer, financial expert (CFA graduate), and tech industry veteran – shows you strategies and tactics to (1) earn, (2) save, (3) invest, and (4) protect as a high earner so that you can build massive wealth and create a portfolio that’s a FIRE machine. Through solo lessons, expert interviews, and side hustle profiles, you’ll learn about tax strategies, retirement account optimization, asset allocation & rebalancing, passive income (real estate investing, side hustling, online business, digital nomading), family finances (e.g., strategizing college education costs), travel hacking, estate planning, and career transitions. Andrew podcasts about the big picture concepts, then adds step-by-step implementation guides downloadable from the Hack Your Wealth website to help you FIRE strategically, methodically, and rapidly.

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As a lawyer / engineer / MBA, how can you achieve FIRE (financial independence, retire early) rapidly to quit the rat race, pursue your passions, and live life on your own terms? Andrew Chen – founder of the Hack Your Wealth Blog and lawyer, financial expert (CFA graduate), and tech industry veteran – shows you strategies and tactics to (1) earn, (2) save, (3) invest, and (4) protect as a high earner so that you can build massive wealth and create a portfolio that’s a FIRE machine. Through solo lessons, expert interviews, and side hustle profiles, you’ll learn about tax strategies, retirement account optimization, asset allocation &amp; rebalancing, passive income (real estate investing, side hustling, online business, digital nomading), family finances (e.g., strategizing college education costs), travel hacking, estate planning, and career transitions. Andrew podcasts about the big picture concepts, then adds step-by-step implementation guides downloadable from the Hack Your Wealth website to help you FIRE strategically, methodically, and rapidly.

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Everything you need to know about 401Ks

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