Tag: secure 2.0
The Trump administration wants more annuities in your 401(k). Here is why it might be a mixed bag. When economists say that they have a puzzle, they don’t mean the kind with 1,000 pieces. Instead, economists are puzzled by things that don’t line up with their theories of how the world should work. One prominent…
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…
