Hey, everyone. The Secure Act took effect on January 1st, and it is changing retirement.

To help you understand the new tax law and learn how to use it to your advantage,

my team is hosting a live webinar with attorney and retirement tax expert, Jamie Hopkins.

To learn more and register, go to stay wealthy webinar.com. That's www.wetworthywebinar.com.

Welcome to the Stay Wealthy podcast. I'm your host Taylor Schulte and today I am sharing the

order of operations for saving for retirement. Most people think the first stop for your

hard-earned money should be your 401k or your IRA, but that's not always the case. And knowing exactly

where to save your money first, second, third, and so on can make a really big difference in your

long-term savings and your tax bill in retirement. So if you've

always wanted to know what accounts to contribute to first and the appropriate order,

today's episode is for you. For all the links and resources mentioned today, head over to

you staywealthy.com forward slash 62.

Thank you. to you staywealthy.com forward slash 62. Okay, with money coming in the door, it's important that we have a plan to save and invest

it before we start to spend it.

But as most of you know, not every savings and investment account is the same.

There are different tax treatments,

contribution limits, withdrawal rules, and so on. If we want to maximize our wealth and reduce

taxes, we want to make sure that our money is going into the right type of accounts,

but also in the right order. So I've done all the hard work for you. I've narrowed it

down to 10 options. You have you have 10 places that you can save and invest your money. And I've

created this order of operations for you to follow. So let's just start with number one. And I

promise you it's going to get better from here. You've got to hang with me, but we have to start with the basics here. So let's just start with number one. And I promise you it's going to get better from here.

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