Timothy Sumer

Give Money to Get Money! #shorts By Giving Money, You CAN Get Money! If you have a 401(k) where your company matches, you can get up to 100% return on any money you contribute, up to the company match. Maximize this feature of your 401(k) and your future retirement may thank you! #401kmatch #401kcontributionlimits #givemoneygetmoney... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing 401k match is a benefit offered by many employers that allows employees to contribute a percentage of their salary to a retirement savings plan. The employer will then match a certain percentage of the employee's contribution, up to a certain amount. This means that if you take advantage of the 401k match, you can effectively double your money over time. The concept behind the 401k match is simple. By contributing a portion of your salary to y

Hi guys, in this video, I am sharing EXACTLY what a 401k is. A few videos ago I talked about maximizing your 401k but I forgot to talk about what it is and how you can request it at your job. I hope that this information helps you on your road to a better retirement. You might not be thinking about retirement now, but 10 years before you decide to retire will be your time to make sure that you have all of your money in order and your ducks in a row. #401k #whatisa401k #retirementplanning #retireearly IF YOU LIKE MY CONTENT AND WANT TO SUPPORT MY MISSION TO INSPIRE OTHERS TO GET TO KNOW THEIR MONEY BETTER, THEN I WOULD LOVE A CUP OF COFFEE: LOOKING FOR A WORK FROM HOME JOB? JOIN MY NEW FACEBOOK GROUP: *Comment below with any questions or new topics you would like me to discuss! **Give a LIKE to the video! ***SUBSCRIBE to stay up to date! NEED FINANCIAL PLANNING or HELP WITH YOUR TAXES? Email me contact@thefinancialspotlight.com CONNECT WITH ME & GET MORE FREE FI

If you don’t know how to read a 401(k) statement, much less understand it, then you want to keep watching. Subscribe to our channel: Click here to book a complimentary 15-minute call with us: Visit our site: Click to Enroll Today here: We’re breaking down why it’s vital to your retirement future that you look at your statement, but also how to read and understand the information presented. Why You Need to Open and Read Your 401(k) Statements Many investors approach their 401(k)s with a set-it-and-forget-it strategy. This is not advisable as 401(k)s are often people’s largest asset come retirement. If you don’t pay attention to how your 401(k) is performing, understand what you’re paying in fees, or rebalance at least quarterly, you are not in control of your financial future. Here’s a breakdown of the 3 reasons you want to make it a point to open and read your 401(k) statements: You get to see how your 401(k) is performing. You understand what you are paying i