401k Information
Your 401k Options
Your 401(k) can be one of the most powerful tools you have for building long-term wealth — but not all plans (or strategies) are the same. Whether you participate in an employer-sponsored retirement plan or you’re self-employed and want to create your own, exploring the right options can help you maximize contributions, improve investment flexibility, and make smarter tax decisions over time.
Employer-Sponsored 401(k)
If you have a 401(k), 403(b), or similar retirement plan through your employer, you may have more opportunities than you realize — even while you’re still working.
Many employer-sponsored retirement plans now offer features beyond a basic lineup of funds, including professionally managed options or self-directed investment windows that may allow for greater flexibility and personalization.
In this section, you’ll learn how employer-sponsored retirement plans work, what features may be available within your plan, and ways to help make your current plan work harder toward your long-term financial goals.
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Self-Employed 401(k)
If you’re self-employed or own a business, you may be eligible to set up a 401(k) strategy designed to help you contribute more, reduce taxes, and accelerate retirement savings. In this section, you’ll explore how self-employed 401(k)s work, who qualifies, and why this type of plan can be an effective option for business owners looking for greater control and long-term growth.
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