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If you’re a young retiree and need access to your money before the age of 59.5, staying put in the 401(k) plan may be the most practical course, even if the 401(k) isn’t all that great.
In recent years, we've seen 401(k)s become even more appealing with the introduction of Roth 401(k)s. They're essentially the same as traditional 401(k)s, but you fund them with after-tax dollars.
Managing your 401(k) in retirement every bit as important as managing it up to that point. There are plenty of reasons for this but the big one is, you're going to need this money for a long time ...
When entering retirement, would it be best to transfer your pension fund and 401(k) from your employer account to your own personal individual retirement account (IRA), keeping them under one roof ...
An after-tax 401(k) allows savers to put after-tax money into a 401(k) account, and that money can grow on a tax-deferred basis until retirement. When it comes time to take a distribution ...
The 401(k) has two varieties: the traditional 401(k) and the Roth 401(k). Traditional 401(k): Employee contributions are made with pretax dollars, lowering your taxable income. Your contributions ...
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