$ WEALTH BUILDING POWERS

by Powers Investments Management, LLC February 28, 2022
401-K PLAN , FINANCIAL LITERACY , INVESTMENTS , IRA ROTH AND TRADITIONAL , RETIREMENT , SAVINGS

“WHAT CEO’S TALK ABOUT” – PODCAST INTERVIEW WITH STYRON POWERS – “FINANCIAL FREEDOM…DON’T SPEND MORE THAN YOU MAKE!”

Styron discovered that about 60% of Americans could not afford a $400.00 to $1,000.00 emergency bill - car, heating, medical, or any other sudden cost. So he started writing a blog to help his readers understand how he had personally chosen financial freedom and how to achieve it for themselves. He also does coaching and mentorship -

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by Powers Investments Management, LLC October 12, 2020
401-K PLAN , INVESTMENTS , RETIREMENT

SO YOU DECIDED TO GIVE 3/4 OF A $$-MILLION TO A COMPANY WORTH $$-BILLIONS?

IT'S ALL ABOUT THAT MAGICAL 401K SILLY!    A powerful means to grow your wealth is accepting YOUR matching contributions from an employer into YOUR 401K plan. Employer matching 401K contributions means the employer contributes a certain percentage of your compensation to your retirement savings.  Because it is YOUR MONEY/PART OF YOUR COMPENSATION, companies must budget these matching funds.   Approximately 15% of employees decline to open a 401K and hence decline the matching funds.  Those ...

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401-K PLAN

SIMPLY AMAZING BENEFITS -THE 401-K & ROTH 401-K

Last week, I discussed the best retirement investment tool, the 401-K Plan (401-K). This week we wil look at a variation of the 401-K, called the ROTH 401-K. For those of you who have a ROTH IRA, the rules and benefits are similar. Vanguard Investments’ data indicate 60% of their client companies offering a 401-K plan offer both a traditional plan, and the ROTH 401-K. However, Americans may not completely understand ...

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401-K PLAN , INVESTMENTS

401 K – THE MOST AMAZING MILLION DOLLAR INVESTMENT

Last week I interviewed my young friend Jake and we discussed his family’s primary investments tools, including the 401-K Plan (401-K). The absolute best investment vehicle I and MILLIONS of other Americans utilize is the 401-K. Yet, of the 79% of Americans who have access to fund a 401-K, only 41% participate. Let me explain why 59% are making a huge mistake that will cost them dearly in the future…say ...

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