Most people's default way to save for retirement is a 401 (k) because it's offered through their employer and can be done ...

Understanding the implications of the '10-year rule' on pre-tax IRAs can significantly impact your financial planning. While ...

But there may be another option on offer that you are less familiar with — and in some situations, could serve you even better: a Roth 401(k). As of 2023, "about 93% of 401(k) plans offer a Roth ...

If your 401(k) plan was a Roth account, then it can only be rolled over to a Roth IRA. The rollover process is straightforward. The transferred funds have the same tax basis, composed of after-tax ...

A Roth IRA offers significant benefits for retirees. As an after-tax account, distributions from Roth IRAs are typically ...

He also recommends taking a close look at your spending habits to spot opportunities to redirect even small amounts of money into your retirement plan. Consider a Roth 401(k) "Just like investment ...

Personal finance guru Dave Ramsey recently weighed in on the subject of 401(k) retirement plans, and a less-known improvement to the concept, called a “Roth 401(k)”. And I have to say ...

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 ...

If deciding what to do with an old 401(k) plan has been on your to-do list, here are the key steps you should take to get it done.

Getting caught up in a financial Reddit thread is surprisingly easy. After all, where else can you learn the financial ...

Don't miss the April 15, 2025 deadline for 2024 IRA contributions, avoid penalties and leverage the 5-year Roth rule.