165. Maximize Your Employer Benefits - No Cap

Show Notes | April 14, 2024 | Episode 165

VirtForce supports milspouses in the full spectrum of work, from remote gig-based and project-based work all the way to on-site hourly and salary work. That’s why we are kicking off a series where military spouses can understand what their retirement savings plan options are no matter where they fall on the work spectrum.

In Part 1 of this series, we have accredited financial advisor, Kate Horrell, revealing the secrets to maximizing your company’s retirement savings plan as a W-2 employee. Don't let these money-makers slip through your fingers; hit that play button now and start building a secure financial future.

00:00 Intro

01:00 Meet Accredited Financial Advisor Kate Horrell

01:34 VirtForce Supports Milspouses in the Full Spectrum of Work

02:08 Retirement Savings Plan Options for W-2 Employees

02:37 Defined Contribution Plans - 401k, 403b, and 457s

03:14 Traditional Tax Treatment

03:28 Roth Tax Treatment

04:31 Pensions

06:26 Employer Matching

07:55 Make Sure You Get the Deets

Links and Resources

Kimber Hill LinkedIn: https://www.linkedin.com/in/kareergal/

Kate Horrell LinkedIn: https://www.linkedin.com/in/katehorrell/

Ep. 142 Are Travelers' Benefits the G.O.A.T.?: https://bit.ly/vf142GOAT

Other topics in this video: investing - finances - retirement planning - annuity - retirement portfolio