Money Talks November 2021 | Miriam Bribiesca

When People Ask Me About My 401K

We have confirmation that being confused happens to the best of us. πŸ˜‚πŸ’° Just look at our Benito being honest about not understanding the question he was just asked πŸ˜…

Same goes for when we talk about dinero! If you are the first one in your familia to talk finances sin miedo, it can be a little daunting when someone asks you about your 401K, your Roth IRA or anything along those lines. πŸ‘€πŸ‘€

We know the finance jargon can be a lot, but thankfully you have us! Your SUMA Familia! πŸ’° We have so many free resources that there is absolutely no way for you to stay behind in the dinero game. πŸ˜‰

Like bad bunny it’s okay to be out of the loop sometimes, but let’s have a 401K crash course. πŸ€“ A 401K is a retirement savings plan that is offered by many American companies (Have you asked if your company offers it?).

Basically, when you sign up you agree to have a percentage of each paycheck paid directly into an investment account! πŸ€‘ The best part is that your employer may match part or all of that contribution meaning that the more dinero you put the more they are willing to put in! A llenar ese cochinito mij@! πŸ·πŸ’΅

Ahora si you’re now a bit more prepared to answer that financial question. For a more detailed explanation of a 401K click through our website to find out. πŸ”—

 

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