the ultimate guide to getting more from your 401k plan
TRANSCRIPT
T H E U LT I M AT E G U I D E T O G E T T I N G M O R E
F R O M Y O U R 4 0 1 K P L A N
For more information about our services go to pathwayplanning.com
TIP 1
FREE MONEY! Every company is different, but most-if not
all-will match your contributions.
TIP 2
KNOW THY FEES. Money lost to fees is gone forever and you
can’t enjoy the power of compounding.
TIP 3
YOUR 401K IS ACTUALLY FOR YOUR RETIREMENT.
TIP 4
WHAT IS VESTING? Working long enough in order to claim the
full amount your company matches.
TIP 5
WHAT IS A ROTH 401K? You can pay the taxes up front and then take
your withdrawals tax-free in retirement.
TIP 6
DO THE RESEARCH. Research your investment options. A great
place to start is morningstar.com.
TIP 7
GOOD ADVICE WILL PAY FOR ITSELF IN SPADES.
TIP 8
SUDDENLY REALIZED THAT YOU WON’T HAVE ENOUGH MONEY FOR YOUR
RETIREMENT? It’s not too late.
TIP 9
STAY INFORMED. Your 401k is not something to sign up
for and forget.
TIP 10
CHANGING JOBS? Don’t cash out. Check out what the damage
is for that early cash out.
TIP 11
ROLL WITH IT. Got a new job? Roll your old 401k into an IRA for more control in your investments.
TIP 12
OR DON’T ROLL WITH IT. If you are happy with your 401k plan.
Leave it there.
SO. WHAT ARE WE SAYING?Nurture your retirement fund.
Look closely at investment fund ratios. Don’t forget about your 401k plan, don’t cash in, consider tax.
Think about your 401k when your are changing jobs.
For more information about our services go to pathwayplanning.com