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Welcome to the Deep Dive. The key to a secure retirement isn't just saving—it's saving smart. In this episode, we're cutting through the uncertainty to give you a clear roadmap for getting the most out of your 401(k) in 2025 and beyond.
We’ll start with the non-negotiable first step: the employer match. You'll understand why this is essentially "free money" and the easiest, safest return you'll ever make. We'll then break down the new 2025 contribution limits, including a significant bump for those aged 60-63, thanks to the Secure 2.0 Act. You'll learn how to approach the key decision of a traditional vs. Roth 401(k) and how to invest wisely while avoiding fees that can cost you thousands in lost growth over time.
Next, we'll cover key strategies for a successful retirement journey:
Life Happens: You'll learn the crucial difference between cashing out an old 401(k) (a huge mistake) and doing a smart rollover to a new account. We'll also explore when it might make sense to borrow from your 401(k) to tackle high-interest debt.
The Next Steps: For those already maxing out their 401(k), we'll guide you on layering in other tax-advantaged accounts like IRAs and HSAs to accelerate your savings.
Student Loan Matching: We'll reveal a major new benefit from the Secure 2.0 Act that allows employers to match your student loan payments with contributions to your 401(k), a game-changer for people juggling both.
This deep dive is your guide to taking control of your financial future. Tune in to learn why being proactive and understanding these key changes can make a real difference to your long-term wealth, and to ponder a crucial question: are you just focused on saving, or are you also thinking strategically about how to make that money last?
