Category: 401K
While completing my taxes in prior years, I started noticing that I would have a not insignificant tax bill due from self-employment and side project income unless I found …
This is the second of a multi-part series on retirement accounts for self-employment income. I previously gave a rundown of SEP IRAs. In this post, I’ll cover the mighty …
The IRS has announced the 2021 maximum 401K contribution limit, which is the max you can contribute to a 401K in a given calendar year. The 2021 maximum 401K …
Every time I think I have maximized my retirement savings in a given year, I discover a new way to push it even further. This time, it’s the after-tax …
A few weeks back, I was having a chat with a younger friend who raised the following: “I was hoping to talk about 401K vs saving money to have …
I was having lunch with a co-worker a while back, and the exhilarating topic of retirement accounts came up. Our employer offers a generous 50% 401K match, which led …
401Ks “suck”. But only in comparison to what they’ve replaced. And given that they are the standard today, you would be wise to make the most of your 401K, …
