Ep 20: Frequently Asked Questions About 401Ks

Wealthy Habits Podcast

English - October 29, 2020 09:00 - 27 minutes - 26.6 MB
Investing Business News Business News 401k finance ira iowa retire advisor daveelizondo druekampmann financial money Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: Ep 19: What You Should Know About Wills and Trusts

Next Episode: Ep 21: How To Pick The Right Financial Advisor

Most people have a 401K or other retirement plan, but it’s not as simple as contributing money and collecting it when you retire. There are a lot of decisions you can make about investments, loans, rollovers and more. On this episode of the Wealthy Habits podcast, Dave and Drue answer some frequently asked questions about 401Ks.

Read more and get additional financial resources here: https://www.truefinancialpartners.com/ep-20-frequently-asked-questions-about-401ks/

What we discuss on this show:

2:21 – Should I accept 401K advice from my company?

5:23 – Should I take out a 401K loan?

8:41 – Are 401K rollovers a good idea?

14:14 – Should I use target date funds?

17:09 – Should I take my company match or contribute more?

21:48 – Should I do a Roth 401K?