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The Top 401(k) FAQs in 2024
Manage episode 430680492 series 3469418
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Mike gets a lot of questions about 401(k)s and knows they can be tricky to navigate. That's why we're tackling your top questions in one comprehensive episode. From understanding target date funds to adjusting your investments as you near retirement, this conversation will cover a wide range of essential topics. Listen in to see what you can learn!
Here’s some of what we discuss in this episode:
- Should I contribute as much as I can to my 401k or only as much as the company will match?
- Is taking a 401k loan always a bad idea?
- When should I take money out of my 401k and roll it over to an IRA?
- How should I adjust my 401k investments as I get closer to retirement?
- Can I make catch-up contributions to my 401k? If so, how much and when?
- What are the risks and benefits of including company stock in my 401k?
To get in touch with Mike, visit our website: http://principalpreservationservices.com
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