I give an overview of the differences between all these retirement plans - the 401k, IRA, Roth formats of both (Roth 401k and IRA), as well as the SEP IRA and 403b. I also touch on rollovers, how you can take a loan from your retirement account for your first home purchase, taxes, and more! This is a COMPLETE guide for beginner's on the differences between all these plans! ↳ My Investing 101 Guide + Budget Tracker: https://www.patreon.com/humphreytalks 🖌 Links: 🐪 Hump Days Newsletter ➭ https://humpdays.substack.com ▶️ Join the Patreon Community ➭ https://patreon.com/humphreytalks 🗞 Follow My Twitter ➭ https://twitter.com/humphreytalks 👾 Personal Finance Discord ➭ https://discord.gg/Gqsmqba 🖌 Free Stocks: ► WeBull (Get 7-12 Free Stocks worth up to $30,600 when you deposit at least $0.01) ➭ https://a.webull.com/i/HumphreyYang ► Moomoo (Get 5 Free Stocks valued up to $2500 each) ➭ https://j.moomoo.com/00iNNL ► Public ($10 Free Stock) Investing App ➭ https://pblc.co/humphrey ► Robinhood (Free Stock Valued Up To $250) ➭ https://robinhood.c3me6x.net/qPyKY NOTE: I did make a mistake in the video. ROTH IRA's are not subject to RMDs (required minimum distributions) I hope that this video gives you a great overview of the differences between them all so that you can choose the best option for you. Timestamps: The best intro 0:00 Trad 401k: 2:40 Trad IRA 5:27 Roth 6:26 SEP 8:19 Rollovers 8:37 403b 9:33 Robinhood (get another free stock): http://join.robinhood.com/humphry Resources for YOU about ALL these retirement plans: Types of retirement plans: https://www.thebalance.com/types-of-retirement-plans-2894324 Guide to 401k and rollovers: https://www.investopedia.com/articles/personal-finance/092214/guide-401k-and-ira-rollovers.asp Use your 401k to buy a house: https://www.investopedia.com/ask/answers/081815/can-i-take-my-401k-buy-house.asp ROTH IRA contribution limits: https://www.schwab.com/ira/roth-ira/contribution-limits ROTH IRA withdrawl rules: https://www.schwab.com/ira/roth-ira/withdrawal-rules For ecommerce, business or one-on-one consulting inquiries, you can email me at: humphreytalks@gmail.com Want to learn how to grow a TikTok? Call me: https://clarity.fm/humphreyyang --------------------------------------------------- MY SOCIAL MEDIA --------------------------------------------------- ↳ instagram: https://www.instagram.com/humphreylol ↳ twitter: https://twitter.com/humphreytalks ↳ tik tok: https://tiktok.com/@humphreytalks Disclaimer: I am not a financial advisor, any investment commentary are my opinions only.