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Money Guy Show

Secret 401(k) Strategies That No One Talks About! (2022 Edition)

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.73.1K Ratings

🗓️ 13 May 2022

⏱️ 39 minutes

🧾️ Download transcript

Summary

401(k) plans can do some amazing things that not everyone knows about. In this episode, we'll discuss some of the best 401(k) strategies that aren't often discussed and how they can help you in your own financial life. Subscribe on YouTube! Download FREE Financial Resources from the show Get our Net Worth Tool Now! Sign up for our Financial Order of Operations course Let’s make sure you’re on the path to financial success - then help you stay there! The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW! Visit our site for more info. Instagram Twitter Facebook TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Secret 401k strategies that no one's told you about.

0:04.4

It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,

0:11.2

investing, taxes.

0:13.2

You've got financial questions, he's got financial answers.

0:16.8

It's Brian Preston, the money guy.

0:20.1

Brian, I'm excited about this show because we talk about 401k a lot.

0:24.0

We talk about how powerful they can be,

0:26.0

and how fantastic they are as a financial account.

0:28.4

But there are some little known secrets that the general public might not know about,

0:34.2

and these secrets might be that little extra tool that you need in your financial tool belt.

0:38.7

So we're going to unpack those on today's show.

0:40.8

Well, there's a reason that 401k content is so important.

0:43.6

This is typically the single largest financial investment that people have.

0:48.8

We also know that this one gets the most from both you as well as from your employer,

0:54.5

because Uncle Sam gives a lot of economic incentives to contribute to your employer 401k.

0:59.8

And most folks have even heard the term 401k.

1:02.0

Perhaps you've worked at a job before and you've had one, or you know your parents have had one.

1:06.3

So it's pretty common.

1:07.1

It's so common that we do an annual 401k by age series, and they tend to be some of

1:12.9

our more popular shows.

1:14.0

So if you've not checked out our 401k by age to know where you are at your specific age or where

1:19.6

you should be, go check that out.

...

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