Latest / Winning at Life with Gregory Ricks
Winning at Life Daily Wrap: 04.25.18
If an employer offers a 12% match on your 401k, is there any down sides to that? Gregory answers this question from Ronda in the Facebook Live comments. She contributes the match, PLUS a little more. Gregory's concern is that if you have all of your retirement savings in a pre-tax status, you're setting yourself up for some tax consequences you may not like when you take income from those assets. In a 12% match on the 401k, once you get to the full matched amount, it becomes even more important to look for ways to reduce your taxable income in retirement.
Gregory had an interesting case he…
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