2019 Maximum 401K Contribution Limits
Last updated: January 2, 2019
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The IRS just announced a 2019 maximum 401K contribution limit of $19,000, which is the max you can contribute to a 401K in a given calendar year. This is an …
Category: Roth 401K
How to Optimize, Improve, & Get the Most Out of your Crappy 401K
Last updated: January 3, 2019
11 Comments
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, …
Your Employer’s 401k Match is Not a Suggestion (or Maximum)
Last updated: January 4, 2019
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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 …
Why Roth Retirement Accounts are Very Overrated & Over-hyped
Last updated: January 21, 2019
74 Comments
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: …
Retirement Plan Rollovers Have you Confused? Check Out this Rollover Compatibility Chart
Last updated: January 21, 2019
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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 …
Solo 401k Basics for Self-Employment Income (2019)
Last updated: January 13, 2019
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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 …
Roth vs. Traditional Retirement Accounts: Why Roths are Not Always the Clear Winner
Last updated: February 10, 2019
53 Comments
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 …