41 min

What Should I Do If My 401(k) Sucks‪?‬ Money Guy Show

    • Investing

"I have a horrible 401k. My employer doesn't give any match and the fees are close to 1.5%. I've tried to talk to HR about switching providers, but they won't budge. Should I get the tax deduction and then roll the money immediately into an IRA? Or just skip it and contribute to a taxable brokerage for now?"
We'll walk you through that question and more in today's Q&A episode!
Jump start your journey with our FREE financial resources
Reach your goals faster with our products
Take the relationship to the next level: become a client
Subscribe on YouTube for early access and go beyond the podcast
Connect with us on social media for more content
Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life.

"I have a horrible 401k. My employer doesn't give any match and the fees are close to 1.5%. I've tried to talk to HR about switching providers, but they won't budge. Should I get the tax deduction and then roll the money immediately into an IRA? Or just skip it and contribute to a taxable brokerage for now?"
We'll walk you through that question and more in today's Q&A episode!
Jump start your journey with our FREE financial resources
Reach your goals faster with our products
Take the relationship to the next level: become a client
Subscribe on YouTube for early access and go beyond the podcast
Connect with us on social media for more content
Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life.

41 min