Hey everyone I'm Laura Adams, your host and personal finance author, speaker and consumer advocate

who's been writing and hosting this show since 2008.

My mission is to give you the knowledge, resources, and motivation

to manage your money the best way possible and create a richer life.

New Money Girl episodes are released every Wednesday and when you're subscribed to the show,

they'll automatically show up in your podcast app, so be sure to hit the

subscribe button in the Apple Podcast app or wherever you listen. I can't believe that

Christmas is just a few days away. My husband and I usually travel to see either his

family in Alabama or mine in South Carolina, but not this year. We are staying

here at our place on the ocean in Vero Beach, Florida, which isn't too shabby.

You know, if I had to be locked down this year somewhere, there are many worse places I could have been.

So I am very grateful for having the incredible view

and the beach just steps away whenever I want to take a walk

or a dip in the ocean.

And as we wind down the year, this is when I always think about my goals and specifically

how much I'm putting away in retirement accounts.

And I hope that you will spend some time as well reviewing what's happened with your retirement savings this year,

maybe the good and the bad, and what you'd like to accomplish next year.

Today's show is about one of the most well-known and powerful retirement accounts on the

planet, the 401k.

If you're fortunate enough to work for a company that offers one or its sister account, which is for

non-profits, it's called the 403B.

...