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A 401K is a retirement account offered to employees. A percentage is cut out from your paycheck and added to your 401K. A lot of employers even match your contribution, meaning you’ll be getting free money! You will be taxed when withdrawing, and can only be withdrawn at 60 unless you’re willing to pay a fee.
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Shoot 55 I’m out the door lol
Good video but remember not all company’s match most give a very close number but matching isn’t always the case