Are You Actually Maxing Out Your 401(k)?

Maxing out your 401k isn’t just about hitting a number. Most think maxing out a 401k is simply setting your contribution percentage high enough, but there’s a lot more.It’s not just about your employee contributions... there are employer matches, profit sharing, and IRS limits that can boost your savings way beyond what you imagine.Did you know in 2026, if you're under age 50, you can contribute up to $72,000 if you include all sources? That’s real money you might leave on the table if you’re not aware of the IRS rules!Understanding the full picture can make a huge difference in your retirement plan.---Wealth and Plan is a Registered Investment Adviser in the state of Texas, Louisiana, and in other jurisdictions where exempt from registration. Advisory services are only offerred to clients or prospective clients where Wealth and Plan and its representatives are properly registered or exempt from registration. This video is for informational purposes only and does not constitute individualized advice or a guarantee that you will achieve a desired result. You should consult with appropriate tax and/or financial advisors for advice specific to your situation. All expressions of opinion reflect the judgment of the host/interviewee on the date of the program and are subject to change.The information presented on this post is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. Comments should not be construed as an offer to buy or sell, or a solicitation of an offer to buy or sell the investments mentioned. A professional adviser should be consulted before implementing any of the strategies discussed. Investments involve varying degrees of risk, and there can be no assurance that any specific investment or strategy will be suitable or profitable for a client’s portfolio. All investment strategies can result in profit or loss.