How To Benefit From The NEW IRA & 401K Limits In 2026 #401k #IRA #taxplanning #taxsavings #taxbenefits

Your 401(k) is basically just a tax tool... here's exactly how it's taxed 💰 Most high earners think their 401(k) helps them avoid taxes, but that's not the full story. First, 401(k)s do NOT avoid FICA tax. That's the 7.65% for Medicare and Social Security that hits before your federal and state tax brackets even come into play. The only ways to avoid FICA are being self-employed with an S-Corp or making so much money that your social security contributions cap out. Yes, people making millions p

What to Do With Your 401(k) When You Change Jobs (The 4 Options Explained… & 1 BIG Mistake)

401k vs IRA. Which one should you pick? #retirementplanning #personalfinance

401(k) vs IRA — What’s the Difference?