What Is Coast FIRE
Coast FIRE is a strategy that involves saving enough to generate sufficient future retirement income, then working to pay current expenses before “coasting” into retirement.
Best Roth IRA Accounts in November 2023
The best Roth IRA accounts come with low starting balance requirements, minimal fees (or no fees), and ample investment options and tools.
457 Plan vs. 403(b) Plan: What’s the Difference?
Both 457 plans and 403(b)s are retirement accounts available to public sector employees—but each has its own rules, features, and benefits.
What Is the Secure Act 2.0?
President Biden signed the SECURE Act 2.0 into law in late 2022, bringing dozens of new provisions aimed at making it easier to save money and better prepare for retirement.
The Pros and Cons of Annuities
Annuities can help supplement your retirement income, but how do you know if it’s a good option for you? Learn more about the pros and cons of annuities.
What Is the Rule of 55 And How Does It Work?
You may have wondered whether it’s possible to withdraw money from your 401(k) without a penalty before age 59 1/2. You can if the rule of 55 applies to you. Here’s how.
What Is a Self-Directed IRA (SDIRA)?
A self-directed IRA (SDIRA) is a retirement account that offers investors the chance to hold a variety of alternative investments inside of their IRA.
What Are the 401(k) Contribution Limits for 2023? All You Need to Know
The 2023 individual 401(k) contribution limit is $22,500, up $2,000 from 2022. Contributions from all sources—including employer 401(k) matching—are limited to $66,000.
Everything You Need To Know About The Spousal IRA
The spousal IRA allows a working spouse to contribute to a non-working spouse’s retirement savings. Here’s what you need to know.
What Is A Roth 401(k)? Essential Guide 2023
A Roth 401(k) is a designated Roth retirement savings account funded with after-tax earnings and kept within an employer-sponsored 401(k) retirement plan.
What is a solo 401(k)?
A solo 401(k) is a retirement account for self-employed individuals who need higher limits to fast-track their retirement savings.
Best Index Funds with Low Expense Ratios
Index funds offer a low cost way to invest and an easy way to diversify your portfolio among different investment styles.
401(k) Matching: Meaning, How It Works, and How to Get the Most Out of It
A 401(k) match is a contribution made by an employer to match some or all of an employee’s contributions to a company retirement plan. Employer contributions can also be made on a nonmatching basis. Not all 401(k) plans offer a match.
Can You Have a 401(k) and an IRA?
You can have a 401(k) and an IRA, and contribute to both in the same year, most of the time. Learn more about the pros and cons of each—and their contribution limits—here.
401(k) Rollover to a Roth IRA: What You Need to Know
If you are contemplating rolling over your 401(k) to a Roth IRA, there are a number of things you need to know before deciding whether the move is advantageous or not.
How to Withdraw Early From a 401(k) (& Why You Shouldn’t)
Withdrawals from a 401(k) are a serious matter, as they can lead to financial penalties and deplete funds meant for your senior years. But a host of options can help you avoid this outcome, even in an emergency.
Rolling Over 401(k): An Essential Guide
When you separate from a job where you have an existing 401(k), you have options. Here’s how to roll over your 401(k) and the tax implications of doing so.
Roth IRA vs 401(k): What's The Difference?
Let’s take a look at the differences between a Roth IRA and the two types of 401(k) accounts and what they tell you about which to use for retirement.
Roth vs Traditional IRA
Here are some key differences between a Roth IRA and a traditional IRA to help you choose the best investment account for your personal situation.
Can You (And Should You) Use an IRA to Buy a Home?
The issue of whether you can use an IRA, or if you should use your IRA to buy a house is complicated. It's important to understand all sides of this issue before making a decision.
What Average Rate of Return on 401(k) Can You Expect?
While you may be aware of how much money goes into your 401(k) every month, do you know what the average return on your 401(k) investments is?
What is A Roth IRA?
Roth IRAs offer an alternative to traditional IRAs in terms of their tax treatment and other factors. They may be a good addition to your retirement savings efforts.
