401(k), 403(b), IRA, Roth | Retirement Savings Plans Explained (For 2022)

What are the different types of retirement savings? Which one should I choose? Let's answer these questions with our video about 401(k), 403(b)s, IRAs and Roths.

IRS Website 2022 Retirement Plan Change https://www.irs.gov/newsroom/irs-anno...

Timecodes

0:00 - Intro
1:21 - Retirement Savings Plan Fundamentals
2:06 - Employer-Based Tax-Advantaged Buckets
2:45 - 401(k)
6:26 - Roth 401(k)
7:11 - Individual-Based Tax-Advantaged Buckets
7:42 - Traditional IRA
8:47 - Roth IRA
9:45 - Summary Of Retirement Savings Plans
10:20 - My Recommendation For Order Of Filling These Buckets

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DISCLAIMER: I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion. Please seek professional help when needed.