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Do These 3 Things if Contributing to the Roth 401(k)
When most people think about saving for retirement, their first instinct is often to contribute to the traditional, pre-tax side of their 401(k). After all, it feels great to watch your taxable income drop, and you get the satisfaction of “saving on taxes” today. But what about the Roth 401(k)? This powerful tool offers a…
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2 Ways to Fund a Roth IRA (And When You Shouldn’t Do One of Them)
When it comes to building tax-free wealth for retirement, few tools are as effective as the Roth IRA. It allows your money to grow tax-free and come out tax-free in retirement, a combination that can dramatically reduce your long-term tax burden. But understanding how to fund a Roth IRA is just as important as knowing…
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