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401K - Why you should max it out

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Investment Insights

Why you should max out your 401K is explained in detail.

00:00 Intro
00:29 Pretax 401K
00:48 401K Contribution Limit
01:11 401K Employer Match
01:50 401K Vesting Schedule
02:28 401K Advantages
03:01 Tax Rate Difference
04:46 Tax deferred compounding
07:07 Isn't $23K too big for 401K contribution?

Tamil Version: 401K:    • 401K Explained in தமிழ் (US Retiremen...  

References:
https://www.nerdwallet.com/article/ta...
http://www.moneychimp.com/calculator/...

Other Related Episodes:
Marginal Tax Rate:    • Marginal Tax Rate Vs Effective Tax Rate  
Why HSA is better than 401K?:    • Why HSA is better than a 401K?  
Health Insurance:    • How to compare health insurance plans?  

LinkedIn:   / vijaymohansn  
Twitter:   / invstmntinsght  
Web: https://vijaymohans.com/

#VijayMohan #InvestmentInsights #InvestmentInsightsEnglish #401K

DISCLAIMER:
The content of this video is my own opinions and is for information purposes only. It is not intended as a substitute for professional financial advice. It is only intended to provide education about investments.

posted by terina87sc