06.27.24 Back To Basics: 403(b) & 401(k) Plans / The No-Buy Challenge
The Clark Howard Podcast
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Maximizing Retirement Savings and Avoiding Pitfalls in Investment Options
This chapter emphasizes the benefits of participating in a 401k plan for employer matching contributions and suggests setting up automatic contributions to a Roth IRA as an alternative. It cautions against high fees in 403(b) plans for teachers and encourages self-education for identifying quality investment options. The hosts also address concerns about potential housing market corrections and maintaining good credit habits.
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