Equipping Points:
The 401k is the most common way that people save for retirement, which is why we get a lot of questions on the show and in the office about this employer-sponsored plan. You want to take full advantage of your 401k when you’re working, but there are some intricacies that you might not even be aware of. This episode will tackle those frequently asked questions and break down the areas that people are most curious about.
Join us as we answer frequently asked questions about 401k contributions, the benefits of Roth 401k options, the pros and cons of target date funds, and the considerations for taking a 401k loan. Eric also discusses the optimal timing for rolling over your 401k into an IRA and the advantages of doing so.
Here’s some of what we discuss in this episode:
- Employer offered 401K advisory services.
- Should you put more into your 401K than the company match?
- Are 401K loans a good idea?
- When should you rollover a 401K into a Roth IRA?
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:
Related Episodes:
Most Common Retirement Planning Mistakes
Do You Have These Blind Spots In Your Retirement Plan?
Retirement Income
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