When deciding between a 401(k) Roth and a traditional 401(k), the primary difference lies in the timing of taxation. With a traditional 401(k), you contribute pre-tax dollars, reducing your taxable ...

So which states don't tax retirement income? It depends on your definition of retirement income. A handful of states don't tax distributions from retirement savings vehicles like 401 (k) accounts or ...

Starting in 2026, high earners over the age of 50 must make 401(k) catch-ups after-tax. Savers may not be celebrating, but ...

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. J.R. Whalen: Here's your money briefing for Thursday, July 20th. I'm J.R. Whalen ...

More than a few financial advisers, as well as a few personal-finance journalists (myself included), are fond of telling gig workers to set up and fund a solo 401(k). And yes, they sometimes remind ...

A recent paper boldly recommended eliminating tax deferrals on 401(k) contributions, which would significantly increase many households' tax bills. The authors suggested diverting those funds to the ...

PHILADELPHIA - FEBRUARY 11: Blank Social Security checks are run through a printer at the U.S. Treasury printing facility February 11, 2005 in Philadelphia, Pennsylvania. As U.S. President George W.

Form 5498 documents individual retirement account (IRA) contributions, rollovers and distributions. You don’t need to fill it out or send it to the IRS — just keep it for your records. Many, or all, ...

Benjamin Franklin once wrote, "[I]n this world, nothing can be said to be certain, except death and taxes." However, old Ben wasn't entirely correct – at least not for retirement income. Are there any ...

While borrowing from your 401(k) account can hurt your long-term retirement planning, that’s not the only consideration. There are also tax implications if you’re not able to repay the funds in a ...

The matching funds for my 401K are in the form of company stock. So about 38% of my 401K investment is in company stock. Also in case it makes any difference we switched to an employee owned via an ...