Rethinking Retirement Savings: The Downsides of a Roth 401(k)
One of the most important things you can do for your retirement is save consistently for it. You should expect to need money on top of what Social Security pays you. And the larger a nest egg you bring into your senior years, the less financial stress you might have.Now you have choices for finding a home for your retirement savings. Anyone with earned income can contribute to a traditional IRA. And based on how much you earn, a Roth IRA may be an option, too.Image source: Getty Images.Continue reading
One of the most important things you can do for your retirement is save consistently for it. You should expect to need money on top of what Social Security pays you. And the larger a nest egg you bring into your senior years, the less financial stress you might have.
Now you have choices for finding a home for your retirement savings. Anyone with earned income can contribute to a traditional IRA. And based on how much you earn, a Roth IRA may be an option, too.
Image source: Getty Images.
