Tag: retirement
Due to differing tax treatments, each $1,000 placed into a traditional, tax-deductible 401(k) costs less today than $1,000 placed into a Roth 401(k), but that Roth will provide more money in retirement. New research indicates that workers don’t recognize this difference between the two types of employer-sponsored retirement accounts when deciding how much to sav…
The general public is very cool on annuities. But many economists like the idea of retirees using some portion of their savings to buy them. Annuities, with their fixed monthly payments, may be the best way to ensure retirees’ savings last just as long as they do. Otherwise, they may either spend it too fast…
