High earners have to pay tax on their catch-up 401(k) contributions and deposit them into workplace Roth accounts.

Is it better to make after-tax Roth 401(k) contributions or save before-tax in a traditional 401(k)? The answer varies depending on the taxpayer. While individuals with higher incomes might not ...

For many of us, retirement may seem far away. However, if you ask people who have already retired, many of them will tell you just how fast it can creep up on you. That's why it's important to begin ...

Employers often force employees to choose between investing in two employer-sponsored retirement accounts: the traditional 401(k) and the Roth 401(k). Sound familiar? If so, you've probably debated ...

Traditional 401(k)s give you a tax break today, but require you to pay taxes on your withdrawals later. Roth 401(k)s don't have an upfront tax break, but allow for tax-free withdrawals in retirement.

A 42-year-old Redditor is trying to decide whether to redirect some 401(k) contributions to a Roth IRA. The poster isn’t sure if making the switch will benefit him since he has been investing in his ...

More individuals are taking advantage of a Roth 401(k), which most employers now offer. You contribute after-tax money to a Roth 401(k) and can take tax-free withdrawals in retirement. A Roth 401(k) ...

Rolling a traditional 401(k) into a Roth IRA triggers immediate taxes on the full conversion amount. Roth IRAs offer tax-free growth and withdrawals with no required minimum distributions during the ...

Some 86% of retirement plans, such as 401(k)s, offered Roth contributions in 2024, but only 18% of investors with the option participated, according to a Vanguard report. Roth contributions are ...

If you're a new investor, you have several decisions to make. For example, you must determine where to invest. Ideally, you want an investment vehicle that allows your money to grow steadily over time ...

Money in a Roth IRA can be withdrawn tax-free after you reach retirement age. The 401(k) has a much higher contribution limit, and often an employer match. CEO says this is worth 18 Nvidias. Will this ...