Can you have too much money in your 401(k)? Yes. Your contributions to your 401(k) are pre-tax dollars and when you take it out down the road, your tax rate will likely higher than it is today. So you don't want to over-fund this retirement account . 💰FREE Tax-Free Toolkit: ✅ Find a Power of Zero Advisor: ➡️ Learn How To Become a Power of Zero Advisor: ✔️ Listen to the Podcast - 🔹 Connect With Us 🔹 Twitter -@mcknightandco #taxfreeretirement... ( read more )
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Is $1M in Your 401k TOO Much? As retirement planning becomes increasingly important, many individuals strive to accumulate a significant sum of money in their retirement accounts. The gold standard for many years has been reaching a million-dollar balance in one's 401k account . However, with changing economic conditions
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)