Some 71 million workers have access to 401(k) retirement plans and they have saved $8 trillion toward their retirement. The ...

After-tax 401(k) contributions of $47,500 bypass Roth income limits, converting tax-free to Roth yearly. Convert after-tax contributions monthly before earnings accumulate to avoid taxable gains and ...

Too rich for a Roth IRA? If your company offers a Roth 401(k), you can convert your traditional 401(k) to pay lower taxes in ...

Higher-income earners must make 401(k) catch-up contributions with after-tax dollars and place them in a Roth account.

Traditional 401(k)s give you a tax break today, but require you to pay taxes on your withdrawals later. Roth 401(k)s don't have an upfront tax break, but allow for tax-free withdrawals in retirement.

In January 2026, the new Roth catch-up rules take effect. The mandate prevents workers over 50 who earned more than $150,000 the prior year from making pre-tax catch-up contributions to their 401(k).

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 ...

Participants who are not High Earners in the prior year can continue to make pre-tax or Roth catch-up contributions, as permitted by the plan. Determining the $145,000 Threshold The threshold is ...

You can contribute to multiple traditional 401(k) and after-tax Roth 401(k) accounts in the same year, but your total 401(k) ...

A significant change is on the horizon for older, high-income retirement savers, and the deadline for implementation is fast approaching. Under a key provision of the SECURE 2.0 Act, a new rule will ...