Average 401(k) Balance by Age (2023 Edition)
Money Guy Show
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The Benefits of a Profit Sharing Contribution
If you're hitting $66,000 per year in your 401k, it's likely some big portion of that is profit sharing. Employers are allowed to put what's called a vesting schedule for these types of contributions. If you have safe harbor contributions going into the plan on your behalf, it is also almost always 100% your money the day that it's funded.
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