Category: 401K

My “invest in a Roth IRA or 401K” post from last week triggered a number of questions from readers. I wanted to highlight and discuss one of those questions, …

It may seem like common knowledge to some, but the question on whether one should invest in a Roth IRA or a 401K is by far the most common …

When it comes to investing in your 401K, your options are limited to what your plan administrator decides to let you choose from – usually a mix of mutual …

Those who have worked at more than one employer in their career have likely come to the realization that employer 401K matching is wildly inconsistent. I have worked at …

401K Fee Secrets Did you know that your employer-sponsored 401K plan is able to charge you fees beyond the management fees of the funds that you invest in? It’s …

Roth 401Ks are becoming increasingly popular in the American workplace. My present employer offers the Roth 401K, and before signing up for one, I had a lot of questions …

I’ve covered personal finance goals for your twenties over and over (like a broken record). Despite the name of this site, I’ve discovered that there is a contingency of …

Update: this article has been updated for the 2022 and 2023 tax years. Also, check out my Saver’s Credit overview for more details on the Retirement Savings Contribution Credit. …