Add Fuel to Your 401(k) Balance | The Matter Financial Report Ep. 10 скачать в хорошем качестве

Add Fuel to Your 401(k) Balance | The Matter Financial Report Ep. 10

In this episode of The Matter Financial Report, Michael Matter and co-host Tony Shore dive into one of the most common—and most misunderstood—retirement tools: the 401(k). Whether you have a 401(k), 403(b), or similar employer-sponsored retirement plan, this episode covers key strategies to help you maximize your account and avoid costly mistakes. Michael discusses why auto-enrollment may not be enough, how to take full advantage of your employer match, contribution limits (including catch-up provisions), and the differences between traditional and Roth 401(k) contributions. They also break down common misconceptions about rolling over a 401(k) to an IRA, explain how direct rollovers work, and discuss when Roth conversions may make sense—especially in today’s tax environment. Plus, Michael shares why understanding your investment options (like target date funds) and aligning them with your personal risk tolerance is critical for long-term success. If you’ve ever wondered whether you’re contributing enough, investing wisely, or making the right tax decisions with your retirement accounts, this is an episode you won’t want to miss. Timestamps 00:00 - Introduction and today’s topic: Maximizing your 401(k) 01:10 - Family update and coaching youth sports 03:25 - Overview of 401(k) and employer-sponsored plans 04:30 - Strategy 1: Be proactive and understand your 401(k) 06:40 - Why contributing early matters 09:00 - Don’t rely solely on auto-enrollment 11:20 - Understanding 401(k) contribution limits 13:15 - Employer match: Don’t leave free money on the table 15:30 - Tax benefits of traditional 401(k) contributions 16:50 - Traditional vs. Roth 401(k): What’s the difference? 19:30 - Why personalized planning matters 21:00 - Catch-up contributions and special age-based limits 23:40 - Considering Roth conversions in today’s tax environment 26:30 - Understanding tax-deferred accounts and “Uncle Sam” 28:40 - Rolling over a 401(k) to an IRA: What you need to know 31:00 - Direct vs. indirect rollovers explained 33:00 - Final thoughts and how to get help 📞 Have questions? Need advice? Contact Michael Matter at The Matter Financial Group to schedule a consultation today! 👉 Call us at (916) 469-9016 👉 Visit us at https://thematterfinancialgroup.com/ Don't forget to subscribe to our YouTube channel for more financial tips and insights! #TheMatterFinancialGroup #Finance #Sacramento #FinancialProfessional Michael Matter offers investment advisory services through Gradient Advisors, LLC, an SEC-registered investment advisor. Gradient Advisors and its advisors do not provide tax, legal or accounting advice. Insurance is offered through Michael Matter, independent agent. Not affiliated with or endorsed by the Social Security Administration or any government agency. Content is general and not to be considered a solicitation or personalized advice. Content also is not a solicitation to sell or offer to sell investment advisory services to any residents of any state other than the state(s) Michael Matter is registered or where otherwise legally permitted. Do not post reviews or testimonials. Likes should not be considered an endorsement of the investment advisory services offered by Michael Matter and/or Gradient Advisors, LLC.