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 ...
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 ...
2017 401k 403b IRA Contribution Limits
[Update on October 27, 2016: The IRS announced the 2017 contribution limits for various retirement plans and IRAs. It confirmed everything projected here back in August.] Inflation is very low this ...
2016 401k 403b IRA Contribution Limits
The government released the official CPI numbers. They determined the 2016 contributions limits for various retirement plans and IRAs. Inflation is very low this year. For the most part, the limits in ...
Traditional >= Roth >= Taxable
I included this article by Christine Benz, Director of Personal Finance at Morningstar, in a weekly digest email to subscribers: 6 Key Reasons Why Investing in a Taxable Account Is Underrated. I said ...
Mega Backdoor Roth and Access To Your Money Before 59-1/2
In other articles I showed that contributing to after-tax 401k/403b and rolling it over to Roth IRA (the "mega backdoor Roth") is great if your 401k/403b plan allows it. It's still worth it even if ...