Planning for Life Podcast
Breaking Down the Basics of 401(k)s
Anyone who knows anything about finance in America has heard the term “401(k).” However, not everyone knows exactly what they are and how they work.
In this episode, Carl Coolidge breaks down the basics of the 401(k) to illustrate why it’s a key part of your retirement plan.
In this episode, you will learn:
-What people are talking about when they say “free money” in 401(k)s
-What to do with your 401(k) contributions if you leave your job
-How paying taxes works in tax-deferred 401(k)
-The annual limits for 401(k) contributions
-Why it is important to start making contributions as soon as possible
-And more!
Listen in now and learn how to use your 401(k) to its fullest potential!
CRN202101-242504
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The LPL Financial registered representative(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.
Carl Coolidge – CA Insurance License #: 0I6279 | Russell Jacobs, III – CA Insurance License #: 0D13170 | Thomas C. Buchanan – CA Insurance License #: 4200301
