Navigating Multiple 401ks & Retirement Accounts

Juggling multiple retirement accounts can feel like a financial circus, but with the right strategy, you can make them work for you. In this episode, we dive deep into strategies for managing and maximizing multiple retirement accounts. Learn how to navigate various tax-protected accounts to your benefit, understand the differences between employee and employer contributions, and prioritize accounts to get the most out of employer matches. We also cover IRS rules, tax implications, potential pitfalls like overfunding, and balancing pre-tax and Roth contributions. Tune in now and turn your scattered retirement accounts into a cohesive and profitable strategy, setting yourself up for long-term financial success!
 

[00:12:03] Navigating Multiple Retirement Accounts
[00:21:14] Maximizing Retirement Matches with Multiple Jobs
[00:22:05] Understanding Contribution Limits and Types
[00:23:14] Strategizing Contributions Across Employers
[00:27:34] Employer Contributions and Tax Diversification
[00:32:25] Navigating IRS Rules and Overfunding

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🎉This episode is sponsored by  PKA Insurance Group, Inc. - Helping you find the best value with personalized insurance solutions. Reach out to PKA Insurance Group to discuss your disability or life insurance needs by calling +1 800-258-1018 or emailing [email protected].

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