When it comes to saving money for the future, there are variety of accounts from IRAs, 401(k), 403(b), HSAs and more! How do you know which is best for you? 🤔

Megan and I chat about her recent article which goes through exactly which accounts to fund for 2022.

A brief summary:

1. Pay off credit card debt
2. Flow qualified education expenses through a 529
3. Contribute up to the match in your 401(k) or 403(b)
4. Budget 10% for unknowns (emergency fund)
5. HSA
6. Roth IRA (or backdoor Roth IRA)
7. Maximize your 401(k) or 403(b)
8. Save into your 457 plan
9. Contribute to a SEP IRA
10. Maximize any other employer retirement plan
11. Save into a 529 for future education expenses
12. Roth Conversions
13. Savings into a Brokerage account
14. Pay down low-interest debt (student loans and mortgages)

Check out the entire blog post at Marotta On Money to read the details.

Find out more about Mike at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/