Let’s say you just started a new job, and you’re listening to a talk about benefits and 401Ks. They ask you if you’d like to invest in a Traditional 401K or a Roth 401K. How do you determine which one is best for you? Today, we will discuss what a 401K is, the differences between the Traditional 401k and Roth 401k, and which of these we’re using.
[Investing for beginners. Investing basics. Retirement planning. Retirement accounts. Retirement basics.]
0:00 Intro
1:06 Assumptions
1:25 Facts
1:54 Analysis
3:28 Conclusion
4:20 Outro
4:35 Bloopers
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📒 Show Notes:
► Traditional 401K vs Roth 401K calculator: [ Ссылка ]
► Federal income tax calculator:
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DISCLAIMER: Monique Nguyen and Laura Saldana, including but not limited to any guests appearing in their videos, are not financial/investment advisors, brokers, or dealers. They are solely sharing their personal experience and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. There are financial risks associated with investing; therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. For investment advice please seek the counsel of a financial/investment advisor(s); and conduct your own due diligence.
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