4min chapter

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25: Demystifying the 3 Types of Income

Rich Habits Podcast

CHAPTER

The Difference Between a Roth 401k and an Individual Retirement Account

There's a big misconception between the Roth 401k and the Roth IRA. You have to be employed to receive this type of retirement account. The best part is that it rolls over from employer to employer, which means if you get laid off or you switch companies, you can start contributing again toward your retirement at new company.

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