THE GROWING RICH

Posts tagged with: 401k contribution limits

401k contribution limits

The Ultimate Guide for Mega Backdoor Roth IRA

For high-income earners, the standard Roth IRA can feel out of reach due to income limitations. However, a powerful strategy known as the “Mega Backdoor Roth IRA” can unlock significant... Read More

Traditional 401(k) vs. Roth 401(k): How to Choose the Best Option

INTRODUCTION Retirement savings are a cornerstone of financial security. One of the most powerful tools is the 401(k) plan. However, not all 401(k) plans are created equal. Two main types... Read More

The Ultimate 401(k) Guide: Everything You Need To Know

INTRODUCTION In the landscape of retirement savings options, the 401(k) plan stands out as one of the most popular and powerful tools for building long-term wealth. Whether you’re just starting... Read More