Tag: Roth IRA

One can make a strong case for getting rid of the Roth version of both 401(k)s and IRAs. While having two forms of retirement saving is lovely for young professionals who know their tax rates will be higher in the future than today, this opportunity is swamped by the mischief they create. Let’s look at…

The Massachusetts legislature is considering a bill that would establish a state-run “Secure Choice Retirement Program” to cover workers whose employer does not provide a retirement plan. Similar efforts are under way in California, Connecticut, Illinois, New Jersey, and Oregon. These initiatives involve a mandate on employers to auto-enroll their employees in a Roth IRA…