Browsing Tag

Roth

Alternative between pre-tax and Roth 401(ok) plans trickier than you suppose

lalaine May 29, 2022 0

Prathanchorruangsak | Istock | Getty ImagesWhether you're a current employee or changing jobs, you may need to choose between pre-tax and Roth 401(k) contributions, and it may be…
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I’m 29 and reside with my mom in a rented cellular dwelling in California. I’ve a…

lalaine May 4, 2022 0

I am doing OK financially as a single 29-year-old who unfortunately is still roommates with my mom. We split everything down the middle and I mainly stay with her since it is very…
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What Is a Roth 401(okay) and How Does This Retirement Plan Work?

lalaine Mar 22, 2022 0

For years, the traditional 401(k) plan has been the most popular workplace retirement account. However, there’s a newer alternative that’s grown steadily in the past decade: the…
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Backdoor Roth 401(okay) and IRA guidelines for the rich survive — for now

lalaine Dec 20, 2021 0

Senator Joe Manchin, DW.Va., walks in front of the Senate Chamber on Capitol Hill on December 9, 2021.Kent Nishimura | Los Angeles Times | Getty ImagesThe "Back Door Roth" tax…
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Biden tax plan could spur enhance in Roth retirement accounts

lalaine Apr 7, 2021 0

Win McNamee | Getty Images News | Getty ImagesBiden tax planIn general, Roth accounts are useful if taxpayers believe their income tax rate will be higher when they withdraw…
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