Older Americans making catch-up 401(k) contributions set for tax hit

The Internal Revenue Service lets older workers make catch-up contributions to their 401 (k)s to enhance their nest eggs as ...
InvestmentNews

Stop putting money in 401(k)s, and other year-end advice from tax expert Ed Slott

The election and all its uncertainty is over. The end of 2024 is quickly approaching. It's time to think about retirement tax planning before a new year and new administration sweep in. Better yet, ...
Morningstar

How the DOL’s Fiduciary Rule Affects Your Old 401(k)

A new Department of Labor fiduciary rule is set to go into effect this September. The DOL is worried that financial advisors will put their own interests in front of their clients’ interests when it ...
Orlando Sentinel

The Savings Game: Important information from Ed Slott

In Ed Slott’s recent monthly newsletter, he pointed out some important information that individuals with IRA accounts and 401(k) accounts should be aware of. Advantage of converting to a Roth: When ...
Orlando Sentinel

The Savings Game: Some takeaways from Ed Slott seminars

Every few years, IRA expert Ed Slott and his staff revisit locations around the U.S. presenting two-day seminars covering the most important changes that have been made regarding IRAs , 401(k)s and ...