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Check out the timestamps below for specific topics discussed ⬇️ There are a number of important considerations to be aware of with your 401k and if you do not make the right decision, it could be very costly. In this video I share with you a number of these items so that you can be better informed. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Watch my FREE Masterclass on Retirement Preparedness Click here to watch now for free 👉 https://bit.ly/free-retirement-master... ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ WANT MY BOOK FOR FREE? Click below to download the Social Security chapter of my book for FREE 📖 👉 https://bit.ly/maximize-social-security ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🔴 SUBSCRIBE for more FREE tips 👇 https://www.youtube.com/55retire?sub_... ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ One of the big questions people face is how to maximize their Social Security benefits. Given that there are 567 different strategies, I will show you how to choose the right benefit for you and how to coordinate it with your retirement income planning. Watch my masterclass ➡️ http://www.yourretirementauthority.com ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Topics Discussed: ● 0:00 5 landmines to avoid with your 401k ● 2:03 What is an indirect 401k rollover? Are there penalties? ● 4:34 Should I rollover my company stock? ● 6:00 What do I do with the pre tax and after tax portions of my 401k? ● 7:25 Should I look into the IRS Code Section 72t? ● 8:30 401k loans - DON’T DO IT ● 10:48 What are the benefits of an employer retirement plan? ● 13:30 The ONLY two scenarios where a 401k loan is okay ● 15:35 What is the impact of a $5,000 401k loan? Here’s the breakdown ● 18:44 What is the average 401k balance at age 65? ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Check out my most popular videos: Costly 401k: Rollover Mistakes ⏩ • Costly 401k: Rollover Mistakes | Your Reti... Social Security Increase 2023: Are YOU Eligible for 16%? Find Out Now ⏩ • Social Security Increase 2023: Are YOU Eli... 5 Reasons to Take Social Security at Age 62 ⏩ • 5 Reasons to Take Social Security at 62 | ... ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 📲 CONNECT WITH US ON SOCIAL MEDIA: Facebook ➡️ / 55retire Twitter ➡️ / 55retire LinkedIn ➡️ / marksingercfp ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🤝 BECOME OUR CLIENT: It only takes 2 steps ➡️ https://bit.ly/free-retirement-master... 1. Watch our free (60min) Masterclass. 2. Once you watch the video you will be prompted to apply to become our client ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ #401k #retirementplanning #marksinger Music by: / monawonderlick DISCLAIMER *Your Retirement Authority makes content available as a service to its customers and other visitors, to be used for informational purposes only. While our best intentions are to provide accurate and timely information, you should always consult with retirement, tax, and legal professionals prior to taking any action. Securities and advisory services offered through Commonwealth Financial Network, Member www.FINRA.org / www.SIPC.org, a Registered Investment Adviser. This communication is strictly intended for individuals residing in the states of FL, GA, MA, MD, NH, NJ, OR, PA, SC, SD. No offers may be made or accepted from any resident outside these states due to various state requirements and registration requirements regarding investment products and services. Please review our terms of use here: http://www.commonwealth.com/termsofus...