On a recent Earn Your Leisure episode titled "Retire Rich The Ultimate Guide to IRAs, 401(k)s, & HSAs!", a guest delivered ...

Learn how to convert your 401(k) to a Roth IRA, understand tax implications, MAGI effects, the five-year rule, and smart strategies to minimize your tax hit.

Roth options to their employees. If your employer does, you should definitely consider taking advantage because of the tax ...

Deciding on a Roth 401(K) or 401(K) can change your retirement. This Roth 401(K) vs. 401(k) comparison looks at their limits to answer which is better.

Retirement does not end your tax bill. It changes where taxes come from, when they are triggered and how much control you ...

Higher-income earners must make 401(k) catch-up contributions with after-tax dollars and place them in a Roth account.

A 67-year-old consultant filing a Schedule C with $185,000 in net self-employment income and a $1.4 million pre-tax Solo ...

A 52-year-old with $1.5 million in a traditional 401(k) and a goal to retire at 57 faces a five-year gap. The 401(k) is built for 59½, the IRS charges a 10% penalty for early withdrawals, and Social ...

You also have to make a choice that workers in decades past never had to: Should you save in a traditional 401(k) or a Roth 401(k)? It's an individual decision, and understanding the pros and cons of ...

This 401(k) mega backdoor Roth strategy helps high-earning workers build wealth and minimize how much taxes they pay.

On the June 13, 2024 episode of Women & Money, a listener named Peggy asked what plenty of pre-retirees feel but never say ...