Does Contributing to 401(k) Reduce Taxable Income?
The much-maligned 401K is still the best way to let Uncle Sam contribute to your retirement account. By using it, you save taxes in 3 different ways.
The much-maligned 401K is still the best way to let Uncle Sam contribute to your retirement account. By using it, you save taxes in 3 different ways.
You only get so much Roth space in your life so tapping into it to pay off debt is a bad idea. Discussing this and lots more on today's episode.
The Federal Thrift Savings Plan is a great 401(k), but not without a few quirks you should be aware of. If you work for the military or federal government, you need to know the ins and outs of this plan.
If the SECURE Act changes your financial plan in a significant way, you're in the minority. Here's an analysis of the changes and what they mean for your retirement.
Are you enough of a super saver that you should be making Roth contributions and conversions in your peak earning years? Today we tackle the question.
Find out if you can take advantage of contributing after-tax dollars in your 401k via the mega backdoor Roth IRA. Also talking using margin in a portfolio, the index fund "bubble" and more.
There are 6 easy steps to successfully contributing to the backdoor Roth IRA but lots of mistakes are still made in the process. Here's how to fix them.
Dave Ramsey says raiding retirement accounts to pay off debt is dumb because it's like borrowing at 34%. Well, yes and no.
Those who suggest doctors in their peak earnings years should make Roth 401(k) contributions, do Roth conversions, or worse, avoid tax-deferred accounts altogether are either ignorant or selling something.
Take advantage of the window of opportunity between accumulation and distribution in retirement. Use partial Roth conversions and keep more of your money.
Qualify for the new pass-thru business (199A) deduction? You may have a new reason to use the Mega Backdoor Roth IRA for big tax protection.
Don't kid yourself, there is no free lunch associated with a 401(k) loan. Find out why savvy investors rarely use them.
Which is the superior investing account when you compare a 401(k) vs HSA? We run the numbers so you can make the best decision for your savings goals.
Some people -- especially real estate investors -- think using a 401(k) is a bad idea. Most of them don't actually seem to know how a 401(k) works.
What is different in your investing life as you approach retirement? Not much. You don't need to be doing something dramatically different than a 25-year-old. The mix may be different but the investments will be the same.