Clear a case as any of a choice between government intervention and free markets regarding a practice near and dear to many of our hearts: 401(k)s and employee retirement programs. 467 more words
Late last year, the Internal Revenue Service published new rules for in-plan Roth conversions. The updated guidance explained how to transfer account balances to after-tax Roth inside a retirement plan and affirmed that essentially all vested accounts were eligible for this conversion. 1,290 more words
If you’re 40 or 50 and haven’t begun, you must make the effort.
Some people start saving for retirement at 20, 25, or 30. Others start later, and while their accumulated assets will have fewer years of compounding to benefit from, that shouldn’t discourage them to the point of doing nothing. 1,227 more words