Millions of Americans are set to lose a popular 401(k) benefit — are you one of them? Here's what it is and what it means for you While contributions to these accounts are taken straight from one’s bottom line net pay, the Roth advantages arrive at age 59.5 — when contributors can st ... 09/15/2024 - 1:07 am | View Link
I've Never Maxed Out a 401(k). Here's Why I Still Feel Good About My Retirement Maxing out your 401 (k) is a great retirement savings move if you have the spare cash and don't plan to spend it on anything else. But it's definitely not a requirement for most people. Unless you ... 09/14/2024 - 9:00 am | View Link
Why You May Want To Rethink Your 401(k) Well, it’s not just me. Writing in an October 2009 issue of Time, “Why It’s Time to ... rest in a lower-cost vehicle such as a Roth IRA or traditional IRA. If you decide to move your money out of your ... 09/12/2024 - 12:00 am | View Link
I’m 38, finally debt-free, and making over $300k – should I start contributing to a Roth 401(k)? Meet Sarah, a 38-year-old lawyer who has finally paid off her student loans after years of hard work. Now that she’s debt-free and earning over $300,000 a year, she and her spouse are enjoying a new ... 09/8/2024 - 12:53 am | View Link
Roth 401(k) Dollars Are No Longer Subject to RMDs New IRS regulations under SECURE 2.0 clarify how Roth accounts are handled for required minimum distributions (RMDs). 09/5/2024 - 12:00 pm | View Link