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Important IRS Tax Deadline Changes for 2020 Taxes - 401k Maneuver
Important IRS Tax Deadline Changes for 2020 Taxes – 401k Maneuver

The Treasury Department and Internal Revenue Service announced on March 17 that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021.  This extension applies to individual taxpayers, including those who pay self-employment tax. In addition, this extension is…

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Jim Blankenship Blog | Rolling Over Your Roth 401k | Talkmarkets
Jim Blankenship Blog | Rolling Over Your Roth 401k | Talkmarkets

Roth 401(k) plans have been around for a while now, but here’s something you want to keep in mind about these accounts. When you leave your employer, generally speaking, you should always rollover your Roth 401(k) to a Roth IRA. There may be a few exceptions, but that’s the general advice. This is primarily due…

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16 Tips for Encouraging Kids’ Good Financial Habits - 401k Maneuver
16 Tips for Encouraging Kids’ Good Financial Habits – 401k Maneuver

Parents should be intentional about teaching their kids good financial habits because, if they don’t, no one else will. According to Next Gen Personal Finance, a high school personal finance curriculum company, only 16.4% of U.S. high school students are required to take a personal finance course.¹ And Nitro, a student loan educational website, recently…

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7 Most Common 401(k) Investor Questions - Answered - 401k Maneuver
7 Most Common 401(k) Investor Questions – Answered – 401k Maneuver

There’s no such thing as a dumb question – especially when it comes to 401(k) investor questions.  The problem is that, for whatever reason, many investors don’t ask. If this sounds familiar, you’re not alone. CNBC reports, “Though it’s one of the most common retirement savings vehicles, 63 percent of Americans don’t understand exactly how…

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Retirement Savings Balances, Numbers Of Fidelity Investments 401k And IRA Millionaires Set Records | Investor's Business Daily
Retirement Savings Balances, Numbers Of Fidelity Investments 401k And IRA Millionaires Set Records | Investor’s Business Daily

Millions of Americans’ retirement savings hit record balances by the end of the fourth quarter of 2020. Likewise, the number of IRA millionaires and 401(k) millionaires also set record highs. Envious? A Fidelity Investments expert offers retirement planning tips for how you can boost your savings too. First, feast your eyes on the results. The…

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What You Should Know About the Increases to 401K Maximum Contributions
What You Should Know About the Increases to 401K Maximum Contributions

The IRS announced last week that workers will be able to set aside an extra $1,000 in their 401(k) accounts in 2022. The change was made as part of cost-of-living adjustments to retirement accounts; although, if you have an individual retirement account (IRA), you’re out of luck—contributions will remain unchanged at $6,000. Your 401(k) contribution…

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Deep Dive: The Cashflowing Passive Income 401k of DeFi ($CVX)

Today I want to do a deep-dive into Convex Finance, which I refer to as my DeFi Cashflowing 401k. Over the last few months I’ve made over $6k through voting (and possibly even more in 2 weeks). Convex is only 7-months old and has over 14 Billion in total value locked (TVL). It controls the…

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