With all the rules and options, starting a 401(k) plan through your employer can be a daunting task. In this video, Castlepoint Partner, COO & Advisor Drew Garner, CFP®, provides a comprehensive 401k overview, offering valuable insights for individuals seeking to maximize their retirement savings. Drew highlights the benefits of employer matching and emphasizes the value of taking advantage of this “free money.” He discusses contribution limits, vesting schedules, types of 401k plans (traditional and Roth), investment options, and the significance of matching contributions. This video is a must-watch for those seeking a solid understanding of 401(k) fundamentals!
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