Tag: 401k
Shift to Roth accounts could pay for tax cuts – at least in the short run. “Word has it” that the Congress will be looking for revenues to finance tax cuts and that one possibility would be to shift IRAs and 401(k) plans from the traditional form to a Roth. Contributions to a traditional 401(k)…
The brief’s key findings are: This analysis addresses how the transition from defined benefit to defined contribution plans affected retirement wealth and income during 1992-2010. The results show: total retirement wealth from employer plans was roughly flat, and this wealth is now more skewed toward those with more education; the income produced by each dollar…
