401(k)
One retirement mistake not to make
Social Security is a program designed to provide a safety net to older Americans. However, it is designed to replace roughly 40 percent of pre-retirement wages. How about the other 60 percent? If your employer has a 401(k), then you…
RMDs by year-end deadline
The IRS recently published a reminder for those aged 73 and older of the deadline to take required minimum distributions (RMDs) from individual retirement arrangements (IRAs) and other retirement plans. The SECURE 2.0 Act raised the age at which account…
Should you stay or should you go?
Should you stay or should you go? Many financial experts advise their clients to consider converting their 401(k) to a Roth IRA to lower taxes in retirement, but should you? Will the benefits of lower taxes outweigh other benefits if…