83 How to Set Up a 401k

Published: Oct. 26, 2020, 9 a.m.

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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.

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