401k Changes & Mishaps to Avoid скачать в хорошем качестве

401k Changes & Mishaps to Avoid

 There are many mistakes that people make when contributing to their 401k or 403b at their job. In this episode, find out what they are and how to avoid those pitfalls. We discuss the importance of contributing enough to get the full employer match, understanding Roth vs. traditional contributions, and ensuring your money is properly invested. Plus, hear about the significance of not cashing out when switching jobs, remembering old 401k accounts, and familiarizing yourself with vesting rules. Learn the implications of student loans on employer matching and highlight the changes introduced by the SE Secure 2.0 Act.   [00:07:42] 401k Mistakes to Avoid [00:09:09] Understanding Employer Matches and Student Loans [00:16:09] Investment Strategies for 401k and 403b [00:20:35] Managing 401k When Switching Jobs [00:23:56] Avoiding Temptation with 401k Transfers [00:24:42] The Problem of Forgotten Retirement Accounts [00:29:09] Understanding Roth vs. Traditional 401k [00:35:13] The Importance of Vesting Rules   If you'd like deeper insight into one of the points Brittne mentioned, specifically the Secure Act 2.0 student loan retirement match (https://www.lordabbett.com/en-us/indi...) , you can learn more here (https://www.lordabbett.com/en-us/indi...) .   🎉 This episode is sponsored by Bona Fide Finance (https://go.bonafidefinance.com/wealth...) – Trusted financial advisors offering flat-fee, comprehensive planning to help you build wealth and financial security. Book a consultation at bonafidefinance.com/wealthmindedmd (http://bonafidefinance.com/wealthmind...) or email [email protected] (mailto:[email protected]) and tell them we sent you. Got money questions you'd like us to tackle on our next segment of Wealthy Wonders? Visit our page (https://www.wealthmindedmd.com/about#...) to submit your query. Be sure to go to our website to join the Wealthy Minds Community (https://www.wealthmindedmd.com/) and download a FREE copy of our Wealthy Minds Blueprint. (https://www.wealthmindedmd.com/wealth...) Claim your debt freedom with our boot camp (https://www.wealthmindedmd.com/wealth...) ! Don't forget to rate and review the show to help others discover us! When you do, you'll have a chance to win a free drink on us.   Wishing you a fantastic week ahead and happy wealth building!