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(k) retirement plans come in two types: traditional and Roth. A traditional 401(k) allows you to contribute pre-tax dollars, ...
You can take contributions out of a Roth IRA, but there are caveats depending on if the transaction is subject to the Roth IRA five-year rule. It’s all complicated and merits caution. Fix My Portfolio ...
RMDs: Beginning at age73 (or 75 if you were born in 1960 or later), you must begin taking RMDs from your 401 (k), even if you ...
Roth 401(k)s offer a number of benefits, including tax-free gains and withdrawals. But before you get your mind set on one, ...
A 401 (k) is the most popular type of retirement account, but it's not the only option available. Others, like individual ...
For one, it has a much higher contribution limit than many other retirement accounts. In 2025, you can invest up to $23,500 ...
A Roth 401(k) does not offer immediate tax benefits at the time of contributions, as contributions "are made using after-tax dollars" and "don't reduce your taxable income," said Investopedia.
The Roth 401(k) account, for example, must be established for at least five years, and generally, you'd need to be over the age of 59½ for tax-free and penalty-free withdrawals.
Suze Orman was as candid as ever when Gina, a 56 year-old retiree, called into her Women & Money podcast earlier this year.
While rolling over a traditional 401(k) account has its quirks, rolling over a Roth 401(k) comes with a unique set of rules. This article highlights some key considerations to keep in mind when ...