Retirement Plans Explained for Beginners: 401k, IRA, Roth & More in 2024 💼

In this video I go over an overview of retirement plans including the 401k, the IRA, the Roth versions (Roth 401k and IRA), as well as the SEP IRA, the 403b, and 457b plans. We also talk about the frequently asked questions many people have when it comes to investing in these retirement accounts. This is an updated video for 2023/2024.

Roth IRA/IRA Information: https://www.fidelity.com/learning-center/smart-money/roth-ira-contribution-limits

Timestamps:
0:00 - Start Here
0:43 - Traditional 401k
4:26 - Traditional IRA
5:52 - Roth 401k
7:44 - Roth IRA
9:57 - Self Employed IRA (SEP)
10:38 - 403b
11:34 - 457b
12:25 - Frequently Asked Questions

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