What Is 401k & How Does It Work? Explained
3:51
YouTubeFin Saint
What Is 401k & How Does It Work? Explained
A 401(k) plan is a retirement savings and investing plan offered by employers. It allows employees to save money tax-free and choose investments from a list of offerings. Employees contribute to their individual accounts through automatic deductions from their paychecks. Additionally, many employers offer to match a portion of the employee’s ...
4.3K viewsJul 19, 2023
401k Retirement Plan
Some railroaders continue to work and make 401k contributions💰 while collecting their Railroad Retirement. Watch this episode of the Highball Advisors Railroad Retirement Mailbag to learn the potential work deductions ✂️ in a railroader's Tier 1 by funding a 401k retirement plan. Understand that only earned🤑 income will start the work deductions in your Railroad Retirement. Did you make 401k contributions while collecting 🤲your Railroad Retirement? #train #railroadretirement #Railroaders #rai
Some railroaders continue to work and make 401k contributions💰 while collecting their Railroad Retirement. Watch this episode of the Highball Advisors Railroad Retirement Mailbag to learn the potential work deductions ✂️ in a railroader's Tier 1 by funding a 401k retirement plan. Understand that only earned🤑 income will start the work deductions in your Railroad Retirement. Did you make 401k contributions while collecting 🤲your Railroad Retirement? #train #railroadretirement #Railroaders #rai
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