One retirement savings vehicle doesn’t get the attention it deserves, according to one financial expert. The Roth 401(k) is “the unsung hero, if you will, of your retirement plan,” Sun Group Wealth Partners Managing Director Winnie Sun recently told Yahoo Finance Live, especially for her clients whose “No. 1 goal” is to have tax-free savings in retirement. A Roth 401(k) is an employee-sponsored retirement plan that allows you to contribute after-tax earnings versus pre-tax earnings in a… Source link
Read More »Roth Initiates Coverage of Canoo with $30 Price Target
Bloomberg Rich States Uncover Tax Windfall, Undercutting Push for Aid (Bloomberg) — It was a shocking, and seemingly improbable, figure.Eight months into the pandemic — and the brutal economic collapse it triggered — California’s budget watchdog said the state was poised to pocket a windfall of some $26 billion. Just as New York and Connecticut had revealed weeks earlier, tax revenue was coming in at a clip no one expected, thanks in part to the booming stock market.And so it has largely… Source link
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