This is the third post in a series. The first compared a Roth IRA against a Roth 401(k). The second compared the traditional and Roth sides of a 401(k). This one compares the traditional and Roth sides of an IRA.…
This post is continuing in a series that began with Roth IRA vs Roth 401(k). Admittedly that was a complicated post discussing a workplace plan vs a non-workplace plan. This post will be much more manageable. It is designed for…
Yes both of these accounts carry the name ‘Roth’ and both carry the same promise. You pay your tax on the way in meaning you are funding these accounts with after tax dollars. When you make a qualified withdrawal later,…
Most retirement advice is about one thing: how much to save. Save more. Contribute more. Get the match. All of that is sound and good advice and things I talk about on this site. But it addresses only half of…
Once you get your budget set, start to control your spending habits and build some savings, you need to really think about an emergency fund. In the same spirit that you cannot view your 401K as regular savings, your emergency…