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My 2021 Stock Investment Strategy for Incomes less than $125,000 [401k, 403b, 457b, IRA, HSA]


Timestamps: 0:00 Introduction 0:30 Strategy 1: Contributing up to Company's Match 3:02 Strategy 2: Maximizing Roth IRA 4:00 Strategy 3: Maximizing HSA 4:56 Strategy 4: Maximizing 401k, 403b, 457b -- My strategy for 2021 is actually very common and widely discussed on multiple personal finance forums! For incomes less than $125,000 for single filers, the Roth IRA works best for me. And that’s just because I know my long-term goals are to build more income streams and to definitely retire in a hire tax bracket. If this is something different for your (you’re aiming for lean FIRE or Barista FIRE, the traditional IRA may be better for you, but we’ll talk about that in the future). But here it is: Contribute to a 457b/401k/403b up to the match Max out your Roth Max out your HSA if you qualify Max out your 457b and 401k/403b (you can contribute to both and deduct up to $38,000) Invest in a taxable account Want to know why? Hit play up top! Remember, this is my strategy because most of my income comes from W-2 paying jobs. Of course, there are other options like a SEP-IRA and solo-401k for business owners, but we’ll dive into these as we learn more about it into the future. Don’t forget to that stock market investing is risky. Make sure you have set aside an emergency fund either as you go or before you start investing based on your personal situation. **Nguyening Lifestyles is not a registered financial service provider and is not liable for any decisions you make regarding investing. We are simply here to entertain and provide content for educational purposes only. Therefore, we are not liable in any capacity for any actions that may result from this video. 🔔 Subscribe: 🖊 Official Website: 🔵 Facebook: 🟠 Instagram: 🐦 Twitter: 🔗 LinkedIn: 📌 Pinterest: 🤝 Patreon: Equipment used: 🎤 Blue Yeti Mic: 📷 Sony a6000: Sony a6000: 🔍 Sony F/3.5-5.6 16-50mm lens: 🔍 Sony F/4.5-6.3 55-210mm lens: 💡 Lighting: Thumbnail Created with Canva: Music: ♫ Warm Nights and Better Days - Lakey Inspired #Investment #401k #403b #457b #ira #strategy #sandp500 #ftse100...(read more)


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