Whether to pay off debt or save for retirement is a tough decision. Learn how interest rates, emotions, and your financial ...

Understand the consequences of withdrawing money from a 401(k) or IRA retirement account for emergencies and create a plan to ...

(k) retirement plans come in two types: traditional and Roth. A traditional 401(k) allows you to contribute pre-tax dollars, ...

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 ...

Converting now would enable you to spread a possible tax hit over more than one payment while reducing future taxes.

In this piece, we’ll check in on a case of a 20-something-year-old individual who took to the r/MiddleClassFinance subreddit ...

The good news is this: Choosing between a Roth IRA and a 401 (k) is not an all-or-nothing scenario. There's no rule saying you can't invest in both, and that may be precisely what you decide to do.

Unlike a Roth IRA, which has income restrictions, a Roth 401 (k) is open to anyone — if your employer offers it. Not all ...

In short, a 401 (k) allows you to contribute anywhere from $23,500 to $34,750, depending on your age. Income limits: If you're a high earner, you may be ineligible to contribute to a Roth IRA.

A 401 (k) is the most popular type of retirement account, but it's not the only option available. Others, like individual ...

Nevertheless, choosing between a 401 (k) with a generous 25% employer match and a Roth IRA is a good problem to have.

If so, we'd recommend first contributing enough to your 401 (k) to meet that match, which is essentially free money, and then putting extra funds into a Roth IRA to diversify your retirement savings.