83 How to Set Up a 401k
Moving on the next tool in your Net Worth arsenal, a 401k is an employer sponsored retirement plan. 401ks allow employers to make tax deductible contributions to an employee\u2019s savings account. Ken discusses key attributes of this type of account including a contribution \u201cmatch\u201d and \u201cvesting schedules.\u201d Ken explains how to utilize these features to the fullest \u2013 as well as 401k limitations. Finally, he teaches you how to set one up.