Dollars & Sense: 401(k) basics

Dollars & Sense: 401(k) basics

Derek Elrod, a certified financial advisor and president of RB Capital Management in Fresno, visited Great Day to talk about 401(k) retirement plan.

Derek says he likes the 401(k) plan because it's pre-tax savings and is typically matched by your employer.

401(k) Benefits:

  • Immediate tax deduction
  • Tax-deferred growth
  • Automatic contributions
  • Withdrawal restrictions
  • Lower retirement tax bracket

RB Capital Management is located at 986 W. Alluvial Avenue, Suite 101 in Fresno.

Click here to visit RB Capital Management online or call (559) 432-6100.

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