Escaping the $1.7 Million 401(k) Cost: The RMD Trap Now
A growing number of high earners are tapping in-service distributions from 401(k) plans to avoid RMDs, turning the $1...
401(k)
The 401(k) is a crucial retirement savings tool that allows individuals to invest for their future. Understanding its benefits and strategies can significantly impact your financial security.
49 articles
Trap That Turns $260,000 Into a $700K RMD Burden Now
A rising tax trap could convert a $260,000 401(k) deferral into a looming $700K RMD burden. The piece explains the ma...
How to Take Advantage of Catch-Up Contributions at 50
Turning 50 unlocks a powerful boost for retirement savings: catch-up contributions. This guide shows you exactly how ...
Tax Bomb for Retirees with Over $1.2 Million at 73
When required minimum distributions start at 73, retirees with over $1.2 million in a traditional 401(k) can face a s...
The 401(k) Roth Rollover That Cuts Medicare Surcharges
As Medicare costs rise with MAGI, retirees are turning to a tax-efficient move: roll assets from a traditional 401K t...
In-Plan ROTH Conversion High Earners Shift Strategy
A growing number of high-income workers are using in-plan roth conversion high strategies within 401(K) plans to dodg...
Mega Backdoor Roth Move Gains Traction Among Tech Workers
A surge of tech employees are tapping a little-known 401(k) feature to add thousands to their Roth retirement account...
Gen Z Saving Record Rates, but One Habit Threatens It
Gen Z is saving record rates driven by auto-enrollment and digital tools, yet Beth Kobliner warns a single habit coul...
Common Age for Starting Retirement Savings: Start Early
Retirement savings isn t about a single age. It s about momentum, smart accounts, and consistent habits. This guide e...
Airline Pilot with No-Match-Required 401(k) Wins Green Light
A West Coast airline pilot gains approval to slash his own 401(k) contributions after his employer offers a 17% match...
What Your Employer Doesn’t Reveal About 401(k) Match
Hidden vesting schedules and missing year-end true-ups can erase thousands in employer matching. Workers must read pl...
Surgeons Max This Overlooked 401(K) Window Before Year End
A four-year tax window under SECURE 2.0 lets workers aged 60-63 contribute up to $11,250 a year to a 401(K). Surgeons...