Chain Of Wealth - Debt, Investing, Entrepreneurship, Wealth & More

Here's what you should and shouldn't be doing with your 401k. Based on the recent poll we did, you guys wanted to know about 401k as a retirement plan so here are the eye opening facts from our research. Welcome! [:] Things to always be mindful of ●     Don't withdraw 401k early mainly to avoid penalties ●     The value of your money now will considerably grow in the next 20-30 years from now ●     It can be disastrous to use your 401k money to payoff loans [:] What you should do with your 401k account ●     Decide wisely on how much your contribution amount should be ●     Check your available investment options [:] What to expect on 401k fees and taxes ●     All contributions toward your 401k are pre-taxed ●    Withdrawals made during retirement age will be taxedSupport this podcast at — https://redcircle.com/chain-of-wealth-debt-investing-entrepreneurship-wealth-and-more/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy