Tag: Roth IRA

Reducing the number of your accounts can provide a clearer view of your overall financial picture, supporting greater confidence and control. Hello, I’m Luke, and I’m addicted to credit card points. I have one credit card for groceries, another for restaurants, one for gas, and a fourth for everything else. This behavior is normal, according…
Eliminating required minimum distributions makes Roth 401(k)s much more valuable. Something snuck by me. The SECURE 2.0 Act eliminated required minimum distributions (RMDs) for Roth 401(k)s. At first glance, that change seems relatively harmless. After all, the account holders paid taxes up front, so why force them to withdraw their money. What that rationale ignores…