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Jill on Money with Jill Schlesinger

After-Tax 401(k) Contributions

Jill on Money with Jill Schlesinger

Audacy

Education, Investing, Business, Self-improvement

4.61.9K Ratings

🗓️ 7 October 2022

⏱️ 13 minutes

🧾️ Download transcript

Summary

My employer offers a post-tax 401(k) contribution option that would allow for 1-20% of my income to be contributed after-tax and then it would grow tax-deferred. Should I use it?

Have a money question? Email us, ask jill [at] jill on money dot com.

Please leave us a rating or review in Apple Podcasts.

"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Transcript

Click on a timestamp to play from that location

0:00.0

caution. The ultimate spicy meatball from Domino's is hot. Just not stupid hot. It won't earn you

0:05.4

mythical status or get you a nickname like Mad Dog or Dragon's Breath. It's hot. Good hot.

0:10.8

The kind of hot that boosts taste nothing else. The ultimate spicy meatball with Siracha

0:15.2

Drizzle from Domino's, it will get you fired up. Subject to availability.

0:20.9

Are you ready for a Monzo Business Bank account? Mike from Blue Water Plumbing was.

0:25.2

Let's get paid quickly, especially when I have 5 or 6 plumbing jobs in her thigh.

0:28.6

When I first used the payment link feature in my Monzo Business account, I was impressed

0:32.0

how quick and easy it was. At the end of each job, I'll just create a payment link,

0:35.4

send it to the customer, and get paid then and there. I can also track all of my payments to my

0:39.9

get paid tab. If you're ready for a Monzo Business account, apply today. Just search Monzo Business,

0:45.2

season C's apply. Only sole traders or limited company directors in the UK can apply.

0:50.0

Welcome to the Jill on Money Show. It is Friday, October 7th, and we are here answering your

0:59.3

financial questions, whatever they may be. It could be an investment question. It could be a

1:04.9

retirement question. It could be an education question. I'd love to hear from anyone who is

1:09.6

completing the FAFSA form that was available through the Department of Education this week.

1:15.7

Want to know if it's easy, hard, how you encounter the website. Let us know.

1:20.4

And if you've got a question about just a generalized priority question, we'd also love to hear

1:26.3

from you. The easiest thing to do is go to our website. It's JillOnMoney.com. JillOnMoney.com.

1:33.8

Now, when you're on the website, there's a few things that are new. There's a brand new little

1:37.9

button on the top right hand corner. Right next to contact us, it says take the poll. Take poll.

1:44.8

If you take the poll, it will take you probably 15 seconds and maybe even less. So take the poll

1:50.4

because it helps us craft the content that we think is great, but we want to really customize

...

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