Now that my income isn't too high that requires a backdoor Roth (having pre-tax money in a Traditional IRA interferes with it), I finally rolled over my 401k from the former employer to an IRA. The ...
2019 2020 401k 403b 457 TSP IRA FSA HSA Contribution Limits
[Updated in November 2019 after official numbers for 2020 are out.] Retirement plan contribution limits are adjusted for inflation each year. After inflation pushed up both the 401k/403b/457 ...
401k Match Policies: Every Payroll and True-Up
Contributing enough to the 401k plan in order to get the full employer match is among the most basic rule in saving and investing. When it comes to matching your 401k contributions, employers can do ...
Receive EITC, Contribute to Traditional 401k Not Roth 401k
Most financial articles are written for people with higher incomes, because people with more discretionary income naturally want to know what to do with their discretionary money. However, people with ...
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 ...