Last week, California joined Washington and 6 other states by requiring employers that do not offer a retirement plan to sign up their employees to a state-run IRA account. With this legislation, about 7 million workers in the private sector will be automatically enrolled into the state-sponsored retirement plan....
Single Ladies
Roth IRA or 401(k)? – Do Both
Have some additional funds you’d like to save for retirement even after maxing out on your company’s 401(k) plan contribution limit? If your modified adjusted gross income does not exceed certain limits, a Roth IRA is a great place to stash the cash.
Yes, you can contribute to both a Roth IRA and an employer-sponsored retirement plan such as a 401(k), SEP or SIMPLE IRA in the same year....