Beginner's Guide to Retirement Plans (401k, IRA, Roth IRA / 401k, SEP IRA, 403b)
Автор: Humphrey Yang
Загружено: 25 мар. 2020 г.
Просмотров: 408 547 просмотров
I give an overview of the differences between all these retirement plans - the 401k, IRA, Roth formats of both (Roth 401k and IRA), as well as the SEP IRA and 403b. I also touch on rollovers, how you can take a loan from your retirement account for your first home purchase, taxes, and more! This is a COMPLETE guide for beginner's on the differences between all these plans!
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NOTE: I did make a mistake in the video. ROTH IRA's are not subject to RMDs (required minimum distributions)
I hope that this video gives you a great overview of the differences between them all so that you can choose the best option for you.
Timestamps:
The best intro 0:00
Trad 401k: 2:40
Trad IRA 5:27
Roth 6:26
SEP 8:19
Rollovers 8:37
403b 9:33
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Resources for YOU about ALL these retirement plans:
Types of retirement plans: https://www.thebalance.com/types-of-r...
Guide to 401k and rollovers: https://www.investopedia.com/articles...
Use your 401k to buy a house: https://www.investopedia.com/ask/answ...
ROTH IRA contribution limits: https://www.schwab.com/ira/roth-ira/c...
ROTH IRA withdrawl rules: https://www.schwab.com/ira/roth-ira/w...
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Disclaimer: I am not a financial advisor, any investment commentary are my opinions only.

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