In this video, I'll be sharing valuable tips on how to maximize your 401k contributions in 2023 while lowering your taxes both today and in the future. I'll walk you through the contribution limits, explain the differences between traditional and Roth sides, and provide six key tips for optimizing your strategy. Discover how to make the most of employee deferrals, leverage employer matches, and even explore the power of nondeductible contributions and immediate Roth conversions. Don't miss out on important tax diversification and the potential benefits of credits and deductions. Plus, I'll shed light on the trueup feature and the rollup tax strategy. Join me to unlock the full potential of your 401k and secure a brighter financial future.
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Our financial planning process is an ongoing relationship because as you grow, your financial plan grows with you. At Sickle Hunter Financial Advisors, we believe that saving and making sound financial decisions will help improve your life’s changing needs and objectives. Retirement, college planning, wealth building, social security, and career benefit packets are only a few of the financial decisions that you may face in your lifetime and we’re here to help guide you.
TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP®
CERTIFIED FINANCIAL PLANNER™
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