401Ks, how to maximize your strategy.

Brian, I am so excited about this because we get to tell people how they can make small decisions that can have huge impacts.

We get to tell people, hey, I've got a question and I want to know

the answer to this question and we love that we get to do that for you guys. Every

Tuesday at 10 a.m. Central Time, we get to load you guys up and today is no difference.

So right now we have our team out in the wings, collecting your questions, because we

believe there's a better way for you to do money.

We also believe that you should subscribe right now to the channel if you have not yet subscribed.

So with that, senior content developer, Megan, I'm going to throw it over to you.

All right, and we are starting off with a 401 question from LP.

It says, I'm 31. My 401k lets me pick a percentage

for Roth and a percentage for pre-tax contributions. I currently have $7,000 in a Roth IRA,

and I plan to max out my 401k and my Roth IRA next year. My 401k matches 8% pre-tax. How do I

pick my Roth percentage?

I love this.

So a lot of people are faced with this question.

Hey, my 401 when I do open enrollment or when I go out to the website, it says, hey, I can either

put money into the Roth side or I can put money into the pre-tax side.

Now, I do want to clear something

up because we've got some questions around this. He mentioned in here, he or she mentioned

in here that I get an 8% match pre-tax or I get a match on a pre-tax match on 8% of my contributions.

I want to be clear. That does not mean that you have to make pre-tax match on 8% of my contributions. I want to be clear. That does not mean that you have to make

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