Posted On: January 12, 2021 by First Option Bank in: Financial Wellness General Tips & Tricks
Many American workers save for retirement with a 401k plan. If your job offers a 401k plan as a benefit, it’s important to take advantage of it and interact with this short learning experience to determine how to maximize the money you are putting into it.
This lesson will explore:
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The different types of 401k plans
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Common features of 401ks, including funding options, limits, and tax savings
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Options and restrictions around withdrawing money from your 401k
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