If you offer a 401(k) plan at your small business, the contribution limits for employees who participate in 401(k), 403(b), and other select government savings plans is $20,500. For 2022, the IRS and DOL made a few other changes that are helpful for you or your employees to know: • The annual overall limit on…
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May 19, 2022 Roth vs Traditional 401k: Which is better? In today’s video, we talk about the impact of saving pre-tax (traditional) vs after-tax (Roth) in your 401(k). We walk through a retirement case study that calculates an additional $221,678 in tax-free income in retirement using a Roth vs Traditional 401k. Alex Okugawa 0:00 Should…
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While she was holding her one-day-old baby boy at the Biden 401k T-shirt But I will love this clinic in 2018, she decided to build Travieso, a used-baby-clothing marketplace and upcycling business. A few months later, she decided to quit her position as deputy director of financial planning for Latam Airlines Group to grow her business. As…
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