5 Big Changes to Roth Accounts in Secure Act 2.0
The Secure Act 2.0 was signed into law December 29th, 2022, bringing more major changes to tax law. Among the most notable changes include a
Category: 401(k) Plans
When to Use Pre-Tax vs Roth 401(k) Contributions
Should you make after-tax Roth or pre-tax contributions to your 401(k)? Roth accounts can be powerful wealth-building tools. But paying tax early doesn’t always make
Net Unrealized Appreciation Rules for Company Stock in a 401(k)
If you have company stock in your 401(k), you may want to consider whether to take advantage of net unrealized appreciation at retirement. Under the
4 Ways the Secure Act 2.0 Would Change Retirement Planning
If passed, the ‘Secure Act 2.0’ would significantly alter the retirement landscape. Officially called the Securing a Strong Retirement Act of 2021, the bill is
Should I Pay Someone To Manage My 401(k)?
Investors can save over three times as much in a 401(k) compared to an IRA, without even including employer contributions. So, it’s little surprise that
If You Inherited A 401(k) From A Parent, Here’s When You Need To Take The Money—And When You Should
As part of the Secure Act, most adults who inherit a 401(k) from a parent must take the money in 10 years. Depending on your
Inherited a 401(k) From a Parent? Tax Planning for Distributions
If you’ve inherited a 401(k) from a parent, you likely have questions about your options for the account and the tax impact. Luckily, non-spouse beneficiaries
Roth 401(k) vs Traditional 401(k): Investing Pre-Tax or After-Tax
Which is better, a Roth or traditional 401(k)? The central difference between a Roth 401(k) and traditional 401(k) is the tax treatment of your contributions.
Are Target-Date Funds A Good Choice For Your 401(k)?
Nearly every retirement plan offers target-date funds as investment options. But are target-date funds a good choice? The age-based method of setting your asset allocation
Rolling Over a 401(k) to a Roth IRA: Should You Convert to a Roth?
What are your 401(k) rollover options? You may consider rolling over an old 401(k) to a Roth IRA, which is properly described as a Roth