Taxpayers are entitled to contribute a limited amount of pretax dollars to their 401 (k)s and IRAs each year, thereby reducing tax liability. To encourage those individuals to save the funds until ...
Using your retirement savings to settle debt should be a priority if you have a plan in place to ensure that your overall ...
An increasing amount of retirement plans are left behind, and then forgotten, when workers change jobs — but a new federal database should make it easier to track down those accounts.
A Roth is an after-tax account: Savers pay tax upfront on their 401(k) contributions but, with some exceptions, don't pay later when they withdraw money. By contrast, pretax savings have been the ...
A Roth is an after-tax account: Savers pay tax upfront on their 401(k) contributions but, with some exceptions, don't pay later when they withdraw money. Feeling out of the loop? We'll catch you ...
Social Security's "full retirement age" is set to increase next year, meaning that those nearing retirement will have to hold off a little longer before they can claim a larger benefit.
Got a 401(k)? This employer-sponsored retirement account makes it easy to make pre-tax contributions straight from your paycheck. Your contributions lower your taxable income in the current year ...
You could get auto-enrolled in your employer's retirement plan and may be able to contribute if you're a part-time worker.
especially for those who expect to be in a lower tax bracket in retirement. By delaying taxes until you withdraw your savings in retirement, you might save yourself some money. But Roth 401(k ...