This week's FinCap Friday explores the idea that more people than ever before have become millionaires by taking advantage of their 401k accounts. Most people don't think of a 401k account as a priority for building wealth, but that may begin to change given some of the data from Fidelity, the largest 401k plan provider in the United States. Many people may still wonder what exactly is a 401k plan, and how does it work? More importantly, how can young professionals use 401k plans wisely to become the next generation of millionaires? Learn about all of this and more in this week's episode of FinCap Friday: 

If you're short on time, try our simplified FinCap Friday (No Tech) with the questions embedded right into the slide deck!

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Check out all of our FinCap Friday episodes here. They're not date-dependent so any of the 80+ in our catalog dating back to August 2018 can work throughout the coming year!

About the Author

Yanely Espinal

Born and raised by Dominican, immigrant parents in Brooklyn, Yanely is a proud product of NYC public schools. She graduated from Fiorello H. LaGuardia High School in 2007 before going on to receive her bachelor's degree at Brown University in 2011. As a Teach For America corps member, Yanely taught third and fourth grade in Canarsie, Brooklyn. She received her master's degree from Relay Graduate School of Education in 2013. She spends her spare time making YouTube videos about personal finance on her channel, MissBeHelpful. Yanely also loves to dance, sew, paint, listen to podcasts, and babysit her 10 nieces and nephews!

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