Should I Max Out My 401(k)?
Ramsey Everyday Millionaires
Ramsey Network
4.6 • 3.6K Ratings
🗓️ 14 June 2023
⏱️ 7 minutes
🔗️ Recording | iTunes | RSS
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The episode is sponsored by Smart Vester. |
| 0:07.0 | You're listening to Ramsey Everyday Millionaires, where we talk investing, retirement, building |
| 0:14.6 | wealth, and outrageous generosity. |
| 0:18.1 | Stephanie joins us, the suburbs of Atlanta, Georgia. |
| 0:21.5 | Alphoretta, Georgia. |
| 0:23.7 | Stephanie, how can we help? |
| 0:25.0 | Hello, how are you both? |
| 0:26.3 | Thank you for taking my call. |
| 0:27.6 | You bet. |
| 0:28.6 | I've been following the principles for the last two years. |
| 0:31.6 | We actually just bought our home with the 25% of our K-Come pay, 15-year fixed, and now |
| 0:39.0 | we're ready to go on to step four, but because I've never invested, I'm 34 and I don't know |
| 0:44.0 | much about others than what I've heard on the call on the show. |
| 0:47.3 | I hear like maxing out Roth IRAs, but with only three months left in the academic in the |
| 0:53.6 | year, do that mean like putting the $6,000 in three months? |
| 0:58.1 | How does that work? |
| 0:59.1 | Like maxing out Roth IRAs, my company does offer that option. |
| 1:03.0 | So your company has a Roth 401K, correct? |
| 1:06.0 | Yes, correct. |
| 1:07.0 | Okay. |
| 1:08.0 | The IRA would be outside of your employer. |
| 1:09.8 | Oh, okay. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.