Before you max out your 401K: Downsides #investingforbeginners

2.5K viewsalmost 2 years ago0m 55sScore: 72

Lydia Patel

beginner
Tax Strategy
Profitability
Expenses

Summary

This video explains the downside to maximizing your 401K contributions every year and provides points to consider, which include minimum distributions at age 72, limited investment options within the account, and lack of liquidity, so the money could potentially be invested elsewhere with a higher return.