Category: Roth 401K
This Solo 401K overview has been updated with information for the 2023 & 2024 tax years. This is the second of a multi-part series on retirement accounts for self-employment …
This maximum 401K contribution article has been updated for the 2024 tax (calendar) years and contains historical data on prior years. The IRS has announced the 2024 maximum 401K …
This Mega Backdoor Roth conversion article has been updated with information for the 2024 tax year. Every time I think I have maximized my retirement savings in a given …
Most 401Ks are Not Great. Here is How to Optimize Yours. 401Ks “suck”. But only in comparison to what they’ve replaced. And given that they are the standard today, …
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 …
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 …
