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Missing out on the benefits of the employer match and compounding growth could force you to work longer and lower your standard of living in retirement, writes retirement expert Chris Cohan. While tough economic conditions have forced many Americans to conserve and stretch their dollars, are you putting your future at risk if you reduce or pause your retirement contributions?

Converting at least some of an old 401(k) to a Roth IRA can offer long-term tax benefits and retirement flexibility, especially if you anticipate being in a higher tax bracket later or wish to leave a tax-free legacy.

The IRS introduced changes to certain contribution limits to 401(k) and retirement plans for 2025, while some limits will remain the same.

401(k) or Roth 401(k) • Here are 5 Questions You Should Know About Your Work Retirement Plan. 1. Does Your Company Have a % Match? 2. Does Your Company Offer A Regular or Roth? 3. Where Is Your Money Going? (What Funds)? 4. Are You Diversified or Only Investing into Your Company Stock? 5. What Fee’s, Expense Ratios Are You Paying? • Tag A Friend Who Needs To Check Their 401(k)! 👇🏻 •⠀ Like ❤ | Tag 👇 | Share 🔥 • Follow For More Awesome Content❗ ✅ Follow @FinancialInvestor101 ✅ 📈 Follow @FinancialInvestor101 📈 ❗️ Turn On Post Notification ❗️ • 📸 : @FinancialInvestor101 • #401k #Roth401k #401(k) #Roth401(k) #401kplans #401kplan #401kgang #financialliteracy #financiallyliterate #educating #retirementsavings #FinancialPlanning #Retirement #retirementincome • Disclaimer: Informational purposes only. https://www.instagram.com/p/Bzbxtw3A9QD/?igshid=1tlvbbzi1mdl7

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