Of course, if you are saving for retirement and wish to do it on an after-tax basis, the Roth 401(k) is preferable to the after-tax option. Why would you pay taxes if you don’t need to?

(Making catch-up contributions on an after-tax Roth basis means paying taxes on your retirement savings during the years when you usually earn more.) Under SECURE 2.0, if you are at least 50 and ...

Employers are increasingly adopting provisions from SECURE 2.0, a federal retirement law passed in 2022, that may make it ...

Because the money was contributed on an after-tax basis, you can withdraw the contributions at any time without paying tax or penalty. The five-year rule states that as long as the account was ...

since contributions are made on an after-tax basis. HSAs give you the flexibility to save for medical expenses in a tax-free manner. The only catch is that your health insurance plan must meet ...