401(k) 101: Getting To Know The Basics (Ep. 96)

Enrolling in a 401(k) plan seems intimidating because the restrictions can be confusing, but it doesn’t have to be!  In this episode, Peter Raskin takes us back to the basics of retirement planning with 401(k) plans. He explains what a 401(k) plan is, gives 6 enticing reasons why everyone should participate in a 401(k) plan if their employer offers it, and shares his professional advice around what a 401(k) plan is best suited for. Peter discusses: What a 401(k) plan is 6 reasons why an employee should participate in a 401(k) plan if their company offers it Why it’s best to avoid taking money out of a 401(k) before retirement How to choose between a traditional 401(k) and a Roth 401(k) The costs associated with a 401(k)  And more Resources: Secure Act 2.0 of 2022 Connect with Peter:  Raskin Planning Group (617) 728-7433  LinkedIn: Peter Raskin  Facebook: Raskin Planning Group Twitter: Raskin Planning Group LinkedIn: Raskin Planning Group Schedule Time with Peter: Book a Call with Peter CRN-5485881-022723 Disclosure: This is not intended to be a substitute for professional investment advice. Always seek the advice of your financial adviser or other qualified financial service providers with any questions you may have regarding your investment planning. Peter Raskin is a registered representative of Lincoln Financial Advisors. Securities offered through Lincoln Financial Advisors Corp., a broker/dealer. Member SIPC. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Raskin Planning Group is a marketing name for registered representative of Lincoln Financial Advisors.  Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice. You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances.