Government Savings Plans – Episode 134

Summary:

If you have money tied up in a 401k, 403b or a 529 plan then you will be shocked to hear about the regulations and restrictions placed on your money. Kim Butler and no B.S. money guy Todd Strobel sit down and talk about the important prosperity values of maintaining control and simplicity. Tune in to find out how to take control of your finances today.

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Links in this Episode:

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Show Notes:

01:25 Talking about 401k, 403b and 529 plans

03:23 Giving up control is a major prosperity violation

04:20 Savings should be a guarantee and not fluctuate

04:47 Every 529 plan has the amount of money put in and the growth has been destroyed

06:18 Sometimes it’s worth paying the penalty for the freedom of your money

06:50 What do you think the government’s goal is?

10:34 Control and simplicity are important things to seek out in your investments

12:47 Your money needs to do 3 these three things