Tag: Roth IRAs

Blue notebook with roth and traditional 401(k)s written next to each other with + and - signs underneath

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…

Piggybank under an umbrella on top of coins while raining

State auto-IRA initiatives provide coverage to workers without an employer-sponsored retirement plan.  These workers tend to have lower incomes and often have limited savings to cope with emergency expenses…