401(k) Considerations

Equipping Points:

A 401(k) is a highly valuable, widely used investment asset for many people. But what should you know when you set one up or contribute to one? In this episode, we’ll talk through some of the things you’ll want to consider when using this powerful investment tool.

From putting aside the right amount in the right account to keeping track of what you have, we’ll cover the essentials today and leave you equipped with the knowledge to make more informed decisions. Remember, having a 401(k) is just one part of a comprehensive retirement plan. Stay tuned to learn how to get the most out of it.

 

Here are the quotes we talk through on the show:

  • Understand your need for liquid assets. 1:43
  • Get the employer contributions. 3:32
  • Consider the tax implications. 4:58
  • Don’t leave money behind at an old job. 7:52

 

If you have any questions about what we discussed on the show or want to follow up with any financial planning questions of your own, get in touch with us and schedule a visit here. 

 

Today’s Takeaway:

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