Let’s Talk About Your 401(k) – Episode 207
For many people, the 401(k) plan has become the default retirement savings plan. Opting in early enough, combined with consistent contributions over a long period of time, may yield very good results. Thus, it’s an important saving vehicle.
But the setup, rules, options, and investments of a 401(k) are often extremely confusing. Is there a match? What does the match percentage mean? What do you do with a Roth 401(k) option? What’s an effective rate of savings?
All common questions that have to be addressed. Find out what you need to know from podcast host Johnny Dean and his guests, “Professor Rick Plum, CFP® and Lucia Capital Group advisor Ara Freedman on this week’s episode of Managing Your Financial Future!