Traditional 401(k) or Roth 401(k)?
Which account is right for you? Crunch the numbers on your income, tax preferences, retirement age, and more to help choose between a Traditional or Roth 401(k).
With the help of our Traditional 401(k) vs. Roth 401(k) Calculator, you can see side-by-side which retirement account type might be best for you.
Enter your age, contributions, even your tax rate, then see how your money will stack up in your retirement years.
Remember: Traditional IRA account owners can contribute both pre-tax and post-tax dollars with taxes withheld when money is withdrawn during your retirement years. With a Roth IRA account, you only make after-tax contributions, ensuring a penalty-free withdrawal during retirement.
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5 Steps to Rebuild Your Retirement Savings After Divorce
Even when divorce is the right decision, it’s still disruptive. For example, there’s a good chance that you and your ex planned to share retirement expenses and combine your savings. But the divorce divided your retirement funds, and not necessarily 50/50. Now, you’re facing retirement with only a portion of the funds you expected.