What is a 401K?

Do you want to learn more about retirement savings plans? Look no further! In this short [What is a 401K?] video , we will be discussing what a 401K is and how it can benefit your future. A 401K is a retirement savings plan that is sponsored by your employer. It allows a portion of your paycheck to be automatically deposited into an investment account, which can include stocks, bonds, and other assets. The best part? Your contributions are tax deductible and many employers will match a percentage of your contributions. However, there are penalties for withdrawing the money before a certain age. So, if you have a 401K, make sure to take advantage of it and start investing in your retirement. Don't forget to like, comment, and subscribe for more financial tips!

Please also Join us in the BeachBum Trading Community by Subscribing to the BeachBum Trading YouTube Channel at https://www.youtube.com/c/BeachBumTrading?sub_confirmation=1 and Please Click the Bell Icon so that You are Notified and Never Miss an Episode of BeachBum Trading. All for FREE.

----------------------------------------------------------------------------
RELATED VIDEOS
----------------------------------------------------------------------------
What is an IRA? https://youtube.com/shorts/4FccKUZttqo
What is a Roth IRA? https://youtube.com/shorts/5jDalASB9Wk

You may / Please see All of the BeachBum Trading videos in the [Beginner’s Guide to Trading] YouTube Playlist, All for FREE, at https://www.youtube.com/playlist?list=PLH_4RiO370FPYA5Cln3KP6QG4E8etG6Bk

Please find and Watch All of the BeachBum Trading Shorts videos, All for FREE, at https://www.youtube.com/@BeachBumTrading/shorts

----------------------------------------------------------------------------
TRADING TOOLS
----------------------------------------------------------------------------
️ Webull – Get FREE stocks with Webull https://bit.ly/3jKfvw5
️ E*TRADE – Use our link and we both get rewarded! https://bit.ly/3zP6rvB
️ FinViz https://bit.ly/3h7r8M3
️ ChartMill https://bit.ly/3By9g4X
️ TD Ameritrade thinkorswim® [TOS] https://www.tdameritrade.com/tools-and-platforms/thinkorswim/desktop.html
️ Seeking Alpha https://seekingalpha.com
️ Benzinga Pro https://benzinga.grsm.io/uuo07mioquxj

----------------------------------------------------------------------------
TRADING PLATFORMS
----------------------------------------------------------------------------
✅ Webull – Get FREE stocks with Webull https://bit.ly/3jKfvw5
✅ E*TRADE – Use our link and we both get rewarded! https://bit.ly/3zP6rvB
✅ Public Investing https://bit.ly/3M5eACK (Referral Code: MichaelSDeVries)

#BeachBumTrading #Shorts #Short

----------------------------------------------------------------------------
BeachBum Trading on Social Media
----------------------------------------------------------------------------
To See any Daily Changes to our Watch List(s), "Real Time Alerts" of our Buys, aggregated News on our current Positions, etc., … Please watch / keep an eye on the Comments section of this video, below, and/or … Please also Follow BeachBum Trading on:
Patreon at: https://www.patreon.com/BeachBumTrading
Discord at: https://discord.gg/BXTE6bdkmZ
Twitter at: https://twitter.com/BeachBmTrading
Pinterest at: https://www.pinterest.com/stocks1thevcf
Facebook at: https://www.facebook.com/profile.php?id=100054334621367
Facebook Group at: https://www.facebook.com/groups/434697884890399
Facebook Page at: https://www.facebook.com/Beach-Bum-Trading-110655101593103
Instagram at: https://www.instagram.com/beachbumtrading/
Reddit at: https://www.reddit.com/r/BeachBumTrading/

Please also Join Us in the [BeachBum Trading] Community [Discord Server] , for FREE, at https://discord.gg/BXTE6bdkmZ

Please also Visit the [BeachBum Trading] [Home Page] at http://BeachBmTrading.com

Please Help us be able to continue to produce frequent quality content to help You Learn How to Trade so that You may Achieve the Financial Freedom You Want and Deserve to be able live the BeachBum lifestyle and/or any kind of life that You would like to live! and get Access to our New BeachBum Trading Community Discord Server Now by Supporting BeachBum Trading via Patreon at https://www.patreon.com/BeachBumTrading