Category: Roth 401K
401K’s “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, …
The IRS just announced its annual update to the maximum 401K contribution limits, which is the max you can contribute to a 401K in a given calendar year. Sadly, the …
So, you have a 401K. Congratulations! (many don’t) What’s next? You have to decide how much you would like to contribute, of course. And this crucial stage is where …
Me: Forgive me father, for I have sinned. Father Finance: You are in a safe place to share your sins, my son. What would you like to confess? Me: …
Have you ever wondered, “Hmmm… can I roll this retirement plan over to that retirement plan”? Retirement plan rollovers can be confusing. Sometimes there are goofy rules around when …
This is the second of a multi-part series on retirement accounts for self-employment income. I previously gave a rundown of SEP IRA’s. In this post, I’ll cover the mighty …
Amongst Gen X and Gen Y, there now seems to be an overwhelming belief that Roths are the better alternative when compared to Traditional retirement accounts. When I talk …
