Let's explore the incredible potential of 401k plans as essential tools for retirement planning. Did you know that as of 2024, there are over 500,000 401k accounts with balances exceeding a million dollars? That's a testament to the power of consistent contributions and smart investing!

Timestamps:
:00 - Introduction
:16 - Importance of 401(k) plan
2:01 - Maximizing 401(k) benefit
6:30 - Contribution limits for 2025
10:00 - Employer matching strategies
12:08 - Tax advantages of 401(k) plans
16:41 - Investment options
19:16 - Rollover and withdrawal rules
26:47 - Common mistakes to avoid
30:00 - Conclusion and final thoughts

✅Contact Thatcher at [email protected] with comments and questions!

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DISCLAIMER: The information provided in these episodes is only to be considered helpful hints and education. Nothing said or shown is to be misconstrued as specific tax, legal, or investment advice. Consult with your tax, legal, or investment professional before acting on anything you see in these videos.

​​Investment Advisory Services are offered through ProPath Financial, a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed in this podcast should be viewed as investment advice.