Today Chip discusses the most frequently asked questions related to 401(k) contributions. Should you use a ROTH or a traditional 401(k) account? How does my income translate into taxes implementing one or the other? How does the 2020 Secure Act add another level of consideration to which accounts is favorable? Isn’t it always favorable to shield my current income from taxes now?
Qualified Charitable Distributions (QCDs): Maximize Your Giving While Minimizing Taxes
Learn how Qualified Charitable Distributions (QCDs) can reduce your taxable income while supporting your favorite charities. Perfect for retirees looking to maximize their retirement savings.