In this episode, we break down the hidden flaw in many employer match structures, why high earners—like ER doctors—are especially at risk, and how a simple adjustment could mean an extra $800,000+ in retirement savings over your career.
Topics Discussed:
- Reasons to hold off and be patient when filing your return.
- Why there’s more to the employer match than meets the eye.
- Understanding when maxing out is the best plan—and where it may be the wrong choice.
- The difference in how employers “match” contributions and why you need to know about it.
- How to find out what kind of matching offer your employer uses.
- Why spreading out contributions may be the best option.
- Things to be aware of when setting up deferrals.
Resources Mentioned:
Tags:
401kemployer match, maxxing out 401k, employer matching, 401k matching, 401kmistakes, contributions, financial planning, emergency medicine, ER doc, ER doctor,
