How much should I be investing in my 401k?

How much should I be investing in my 401k?

Most financial planning studies suggest that the ideal contribution percentage to save for retirement is between 15% and 20% of gross income. These contributions could be made into a 401(k) plan, 401(k) match received from an employer, IRA, Roth IRA, and/or taxable accounts.

What investments are allowed in a 401k?

Checkbook IRAs, Checkbook 401(k)s, QRPs, and Checkbook Defined Benefit Plans can invest in any asset that is not specifically disallowed by the tax code or IRS….Collectibles in Self-Directed Checkbook Qualified Retirement Plans