Understanding 401k Contributions: Your Ticket to Financial Freedom!
Channel: Munif Ali
Date: 2022-05-30

Understanding 401k Contributions based on 2021 statistical study shows that  about 2/3 of Americans are eligible for retirement plans but they don’t bother taking them. Are you one of these individuals? Because that's a big miss for you. Especially if you're currently working in a ‘9 to 5’ situation and at the same time dreaming of having a better future. But this may all change as the House of Representatives passed the new Secure Act 2.0 which will automatically enroll workers to this plan.

Aside from it will help people from the dilemma of choosing between saving for retirement and paying back their student loans, the bill would also help people keep better track of their retirement money. Sounds a lot, right? But that's only the tip of the ice berg. Check out my YouTube channel to learn more!

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CHECK OUT WHAT MUNIF ALI IS UP TO
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IMPORTANT MOMENTS IN THIS VIDEO
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00:00 What is a 401(k) Plan? Here's Everything You Need To Know About 401(k)s
00:24 What Is Secure Act 2.0?
01:33 Benefits Of Investing In A 401k
02:21 How Does A 401k Work?
05:05 Is A 401k Plan Worth It?
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ABOUT MUNIF ALI
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Hi, I'm Munif. I started out with nothing, no trust funds, no silver spoons. I grew up in the Projects and was raised by a single parent. I worked hard, won some, failed some, but learned along the way. I have founded multiple companies that have closed billions in sales. Now I'm here to give you real-world practical advice in entrepreneurship. No fake guru stuff, just pure honesty and a love for entrepreneurship, personal finance, and self-development.

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WATCH THE REPLAY HERE
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What is a 401(k) Plan? Here's Everything You Need To Know About 401(k)s
https://youtu.be/9wYwTZG4eHI

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#MunifAli #401k #retirementplan