72: How to Maximize Your 401K Benefits

15/01/2025 30 min Temporada 4 Episodio 72
72: How to Maximize Your 401K Benefits

Listen "72: How to Maximize Your 401K Benefits "

Episode Synopsis

This episode dives deep into understanding your 401K and retirement options through employers, emphasizing the importance of maximizing contributions, especially around employer matches. Key topics include auto-enrollment processes, investment options, Roth vs. pre-tax contributions, and what to do when changing jobs or needing to access funds.• Importance of understanding employer matches • Differences in auto enrollment versus manual enrollment • Contribution percentages and how to adjust them • Vesting periods and their impact on your retirement savings • How to choose investments within your 401k • Exploration of pre-tax and Roth contributions • Loan and hardship withdrawal options • Considerations when leaving an employer and rolling over your 401k • Guiding principles on retirement planning and strategyBe sure to connect with us on socials @thesugardaddypodcast we are most active on InstagramLearn more about Brandon and schedule a free 30-minute introductory call with himWatch this episode on YouTubeLeave us a question via voicemail to be answered during future episodesYou can email us at: [email protected] Subscribe to The Sugar Daddy Podcast newsletter for exclusive tools and insights Head over to our YouTube channel to catch this episode in full video form. Apply to be a guest on the show. You can also email us at: [email protected] Connect with us on InstagramWe’re most active over at @thesugardaddypodcast Chat with BrandonWant to work together? Learn more about Brandon Book a free 30-min call to see if it's a fit. Show us some love, hit subscribe, leave a five star rating, and drop a quick review! Money, relationships, and the mindset to master both. Hosted by financial advisor Brandon and his wife Jessica, The Sugar Daddy Podcast breaks down how to build wealth, unpack old money beliefs, and have real conversations about love and finances. Their mission? To help couples and individuals grow rich in every sense of the word: emotionally, relationally and financially.

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