Should you make 401(k) or Roth IRA contributions? In a perfect world, the answer would be both. If you have the means, ...
Deciding between a Roth 401(k) and a Traditional 401(k) can be one of those financial decisions individuals struggle with.
“This is essentially ‘free money.'” If you have the option for a Roth 401(k), this can be advantageous versus a traditional 401(k) at this stage of life. “Choosing the Roth option will ...
About 93% of 401(k) plans offer a Roth savings option to workers, up from 62% a decade ago, according to the Plan Sponsor Council of America. A law known as Secure 2.0 is expected to make Roth 401 ...
The SECURE 2.0 Act increased the catch-up contribution for some employees to $10,000 or 150% of the standard catch-up contribution, whichever is greater. Since 150% of $7,500 is $11,250, that's the ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions ...