Tagged With: retirement plans

What if you can’t contribute to a 401(k)?

In my previous post, I talked about what to do if you’re ineligible for contributing to a Roth IRA. This most commonly is due to having an income over the limit set for those contributions. But just like you could be unable to contribute to a Roth IRA, you could also be unable to contribute … Continue reading »

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What if you can’t contribute to a Roth IRA?

Roth IRAs are awesome. There’s just no other way that I can see that regular folks can invest in a way that lets money grow tax-free, without any Required Minimum Distributions or anything like that. Plus, a retirement account where you can withdraw your contributions at any time for any reason, without any penalties? This … Continue reading »

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Enter the retirement mutant hybrid: the Roth 401(k)

When people think of employer-based retirement accounts like 401(k) plans, people often think that that implies pre-tax contributions. It’s only your own self-directed retirement accounts (IRAs) that have the post-tax (Roth) option. I used to beĀ one of those people. But these days, employers can offer what is known as a Roth 401(k) plan in addition … Continue reading »

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Seriously, take the employer match

What if I told I could get you an immediate 100% return on anĀ investment? Would you believe me? According to the American Benefits Council, 80 percent of full-time workers have access to a defined contribution plan such as a 401(k) or 403(b), and of those, 80 percent of those participate in the plan. That means … Continue reading »

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It’s 4 AM: Do you know where your retirement accounts are?

I just remembered that I have a gift card with money on it that I haven’t yet spent. The gift card is for Williams-Sonoma, a nice place for sure, but looks like I’ll be able to afford only a pot holder or half a pair of tongs. I’m not alone in not spending my gift … Continue reading »

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