The article was reviewed, fact-checked and edited by our editorial staff. An after-tax 401(k) gives you the ability to supersize your retirement contributions, helping you reach your investment ...

These contributions grow tax-deferred during an employee’s working years, and then withdrawals in retirement are taxed as ordinary income. Only about 21% of companies offer the after-tax ...

Your pre-tax IRA is subject to future income taxes, depending on your bracket. But it could offer planning opportunities, ...

Be sure you understand the tax consequences before making the change Cathy Pareto, MBA and CFP®, is the founder and president of Cathy Pareto & Associates Inc. For more than twenty years, Cathy ...

The IRS uses what's called "provisional income" to determine how much of your Social Security benefits are taxable. Your ...

Some of the best ways to reduce taxes in retirement is to ensure you live in a lower tax bracket and use tax-advantaged ...

In addition, you must be enrolled in an employer-sponsored traditional 401(k) plan that permits after-tax contributions. It must also allow either in-service withdrawals or i-plan Roth rollovers ...

An after-tax 401(k) contribution allows you to deposit more than the $23,000 pretax limit for 2024 ($30,500 for those age 50 or older). The total 401(k) contribution limit that includes employer ...