With the IRS raising the 401(k) employee deferral limit to $24,500 for 2026, up from $23,500 in 2025, a $1,000 increase ...

Meagan is a former Series 7 financial advisor and current writer focused on blending straightforward information with a dose of humor on topics including equity investments, insurance products, and ...

Things to Know Before You Choose Choosing between a Roth IRA and a Traditional IRA is one of the most important retirement ...

For high earners who’ve already maxed out their 401(k) and Roth IRA contributions, the mega backdoor Roth offers a rare ...

The IRS has increased the amount you can contribute to your retirement accounts in 2026. You can now contribute up to $24,500 to your 401(k) plan, up from $23,500 in 2025, and up to $7,500 to your ...

If you have a 401(k) at work, there’s a chance you’re sitting on a tax-free retirement loophole worth tens of thousands of ...

Be sure you understand the tax consequences before making the change Cathy Pareto, MBA and CFP®, is the founder and president of Cathy Pareto & Associates Inc. For more than twenty years, Cathy has ...

This mega backdoor Roth strategy increases your tax bill now but results in substantial savings and growth in the long run.

Here's how the 401 (k) plan limits will change in 2023: The 401 (k) contribution limit is $22,500. The 401 (k) catch-up ...

You can have a 401(k) plan and an individual retirement account (IRA) at the same time. In fact, you can contribute up to the ...