Fast and Finance
Welcome to Fast and Finance! This podcast is designed for everyday, normal people just looking to improve their personal wealth management and expand their knowledge on the markets. We'll cover all the basic concepts so you have a strong base knowledge before we dive into anything more specific. Wealth management is a concept that is overlooked in many school systems, and we're here to change that! Please send us your questions to: patrick.mccrindle@lpl.com - Securities offered through LPL Financial, a member FINRA/SIPC. https://www.finra.org/ - https://www.sipc.org/ Investment advice offered through Private Advisor Group, a registered investment advisor. Private Advisor Group and SGI Wealth Management are separate entities from LPL Financial. https://www.sgiwealth.com/
Fast and Finance
Figuring Out 401(k)s
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Patrick McCrindle
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Season 1
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Episode 20
So, getting right to the point here, a 401(k) is a retirement savings/investing plan that your employer can offer. Different than a typical savings account, the money contributed to the account is being invested, while also maintaining a tax-deferred status.