What the Tech is a 401(k)
from Techie Personal Finance Bootcamp Hosted by Lucas Casarez CFP®
I know how overwhelming it can be to have access to a 401(k), but be intimidated that you don't have any idea and probably not even the time to understand why you need one or how they work. After listening to this episode you'll have a solid understanding of how your 401(k) works, so that you can more confidently put yours to use. My First 401(k) Why a 401(k) is Important Power of Time and Compound Interest (link to visuals in the show notes) Benefits Traditional Vs. Roth How Contributions Work How Distributions Work Cool Features (like BrokerageLink) Costs Investment Options FAQs You can find the show notes and images @ http://www.levelupfinancialplanning.com/what-the-tech-is-a-401k/ Music: 80s Motivational Chiptune by Shane Ivers - https://www.silvermansound.com
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I know how overwhelming it can be to have access to a 401(k), but be intimidated that you don't have any idea and probably not even the time to understand why you need one or how they work. After listening to this episode you'll have a solid understanding of how your 401(k) works, so that you can more confidently put yours to use. My First 401(k)Why a 401(k) is ImportantPower of Time and Compound Interest (link to visuals in the show notes)BenefitsTraditional Vs. RothHow Contributions WorkHo...
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