[Updated on Nov. 1, 2018 after the IRS published the official numbers.] Retirement plan contribution limits are adjusted for inflation each year. Inflation has come up a bit lately. It's going to ...
401(a) Plan Contribution Limit
Most people working at private companies have a 401(k) plan, and that's it. Those who work at educational institutions or non-profits often have a 403(b) plan, which works more or less the same as a ...
Roth 401k Makes People Have More Money To Spend In Retirement
Reader Joel left a comment on my blog post The Case Against Roth 401(k) and asked about a study by Harvard and Yale professors which concluded that Roth 401k makes people have more money in retirement ...
My Smartest Financial Decision
This post is sponsored by Alliant Credit Union, where I’m a customer. All opinions are strictly my own. I made many financial decisions all these years, some smart, some disastrous. Thinking back, ...
What If You Invest In Actively Managed Funds?
You probably heard lately investors found religion in indexing. Money is coming out of actively managed funds and going into index funds and ETFs. After Vanguard's Personal Advisor Services and ...
Age 55 No-Penalty Withdrawals From 401k Plan
As we all know in general you can't withdraw from retirement accounts before you are 59-1/2, otherwise you'd have to pay a 10% penalty. If you retire early and you want to use the money in retirement ...