This time of year, we are all considering adjusting our retirement contributions for next year. Did you max out your Roth IRA? I did not, sadly, but that is now one of my top financial resolutions for the new year. If you have been maxing it out, then you may want to take a look at the new retirement vehicle on the block, the Roth 401K.
Basically, this lets you contribute money to an account which is more open and flexible than a 401K, but less so than a Roth IRA. The maximum amount to contribute is apparently $15K, a shared cap with your regular 401K savings.
Further research: A good article about Roth 401Ks, A more detailed article, A website devoted to them.
Technorati Tags: Roth IRA, Roth 401K, roth, retirement, 401k















0 responses so far ↓
There are no comments yet...Kick things off by filling out the form below.
Leave a Comment