2018 Maximum 401K Contribution Limits
Last updated: April 1, 2018
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The IRS just announced a 2018 maximum 401K contribution limit of $18,500, 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, 2018
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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 3, 2018
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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 3, 2018
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: April 1, 2018
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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
Last updated: January 3, 2018
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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: January 3, 2018
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 …