The Top 401(k) FAQs In 2024 (Part 2)

We're back to tackle your top questions in two comprehensive episodes. Part two addresses essential topics like investment strategies as you approach retirement, managing your 401K when changing jobs, and the ins and outs of catch-up contributions.

Gain insights into the complexities of vesting schedules and the potential risks and benefits of including company stock in your 401K. This episode is a must-listen for anyone looking to optimize their 401K and secure their financial future.

 

Here are the questions we’ll cover in this episode:

• How should I adjust my 401k investments as I get closer to retirement?
• What happens to my 401k if I change jobs?
• Can I make catch-up contributions to my 401k? If so, how much and when?
• How does vesting work with a 401k, and what should I understand about my plan’s schedule?
• What are the risks and benefits of including company stock in my 401k?

 

Contact Desmond:

Visit https://www.clcfinancial.com/ or call 910-323-5700