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Financial Assistant, Joseph Cavazos, discusses the 401k in this video series for young professionals.

Join us as one of our Financial Assistants, Joseph Cavazos, sits down to discuss the financial milestones that young professionals in their 20s-30s often face. Our goal with this video series is to educate and provide resources that will help guide these young professionals along their financial journey. In this video, Joseph explains and simplifies the 401k.

401k Explained – The Basics

Joseph will walk you through…

• What a 401k is
• Why it’s important to contribute the match to your 401k
• The difference between the match and maximum


Access our Financial Timeline Resource Guide

Our financial timeline has been designed to give you a step-by-step guide for major life events that inevitably impact your finances. We aim to equip you with the professional advice, tips, and countless other resources needed to confront each phase of life head-on with sound processes and qualified support. To learn more about the steps you should take in your financial journey as a young professional, check out the Young Adult section of our Financial Timeline. (Click here to access the Financial Timeline.)


Or if you’d like to learn more about how to plan for retirement and other related topics, check out our Financial Planning blogs where you can access these great resources. (Click here to read more.)

And as always, if you have any other questions, please contact us. (Click here for contact information.)


Want to learn more?

Here are the resources mentioned in this video…
Retirement Topics: Exceptions to Tax on Early Distributions – IRS
Investment Calculator – Calculator.net


Presented by Joseph Cavazos – Financial Assistant

Learn more about Joseph and the rest of the Storen Financial team here.


This is a hypothetical example and is not representative of any specific situation. Your results will vary. The hypothetical rates of return used do not reflect the deduction of fees and charges inherent to investing.

The target date is the approximate date when investors plan to start withdrawing their money.  The principal value of a target fund is not guaranteed at any time, including at the target date.

This presentation was created for educational and informational purposes only and is not intended as ERISA, tax, legal or investment advice. If you are seeking investment advice specific to your needs, such advice services must be obtained on your own separate from this educational presentation.

Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Brass Tax Wealth Management, a registered investment advisor. Brass Tax Wealth Management and Storen Financial Group are separate entities from LPL Financial.