What Is A 401K?

In this video, I go over the types of 401K accounts and the ins and outs of how 401Ks work. I go over the contribution types and how each contribution type works for retirement. Hopefully this video gives some insight on how you can take advantage of a 401K plan from your employer to strengthen your financial picture for retirement.
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#finance #401k #roth401k #retirement #retireearly #retirementplanning

[@metalheadcecil]

First

[@timmyboi2583]

The IRS is supposed to be looking out for me? Uhoh

[@MoneyManagingMike]

Don't worry, they're fine with coming after you once they check your employer's compensation standard. No favoritism.