167. How to Confidently Navigate Your First 401k Setup

Navigating your first 401 (k) can feel like uncharted territory, especially when you're the first in your family to secure a salaried position with benefits. As first-gen WOC, many of us have not been exposed to conversations about a 401 (k), employer matches, or retirement planning. It's a lot, but here's the good news: you don't have to do it alone. Join me as we break down the essentials of setting up your 401 (k), so you can confidently put your money to work and secure your future.In this episode, I’ll guide you through the basics of a 401 (k) and why it's a game-changer for your financial journey. Together, we'll explore the importance of employer matches and how they can instantly double your investment. No more hesitation—let's get your retirement savings on track today.As you listen, you’ll learn:✅ The difference between traditional and Roth 401 (k) and which might be right for you✅ How to set up your 401 (k) to take full advantage of employer matches✅ Simple steps to start investing with confidence and avoid costly delays...Let's stay connected:Website: www.buildinggenwealth.comInstagram: @building.gen.wealthLearn more about 1:1 Money Coaching: www.buildinggenwealth.com/moneycoaching