Jill on Money with Jill Schlesinger cover image

At What Point Is My 401(k) Not Worth Using?

Jill on Money with Jill Schlesinger

00:00

Do You Know What You're Doing?

Ira Silverstein: I'm going to tell you something that's going to sound crazy, but i think you should do it. Right now, i'm putting in aboute four thousand a year, ok? And the match, they match up to what they match, three %. So i think they are putting in about 32 hundred or 34 hundred a year, or something like that. Yet, this sounds a lot like a crappy plan that was sold to like, the business owner by, like, my insurance guy,. just like, were my pay rolls company rolled this in. This sucks. You're going to pull back your contribution to three % and capture the match, and then

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