One of those options is rolling over a traditional pretax 401(k) into a Roth individual retirement account (Roth IRA). This can be a very attractive option, especially if your future earnings will ...

Personal finance author and philanthropist Tony Robbins recognizes this shift in reality and suggests a key retirement ...

Social Security, retirement accounts, taxable accounts and pensions all have different tax implications. When you start ...

A 401(k) is the most popular retirement account (by far) and is often synonymous with retirement savings, but I personally prefer a Roth IRA. It may not be foolproof, but it has a few benefits ...

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 ...

The classic IRA, 401(k), etc ... a single standard answer. He also indicated that it is not purely a numbers game. Some people will pay an apparently overly steep price to do a Roth conversion ...

A mega backdoor Roth IRA allows high earners to exceed standard Roth contribution limits. Contributions hinge on maxing out 401(k) and potentially nondeductible IRA contributions. For optimal tax ...

There are differences in handling a spousal Inherited Roth 401(k) versus an inherited Traditional 401(k). When you have a Roth 401(K), you likely will need to address the Roth savings and the 401 ...

If this happens, the Roth IRA’s appeal could grow for many investors. For example, let’s say your taxable income today puts you in the 22% bracket, but future changes push that to 25%.

Cheese also mentioned a backdoor Roth IRA. This strategy is designed ... tens of thousands of dollars beyond the standard limits. That said, all 401(k) plants do not support after-tax ...