On average, women live longer than men. It’s an actuarial fact known by every insurance company and financial planner. At age 65, the life expectancy of a woman is 20 years, while men at the same age ...

Avoid costly mistakes. Learn the IRS rules, penalties, and best practices for a Gold IRA rollover in this step-by-step guide.

RMDs: Beginning at age73 (or 75 if you were born in 1960 or later), you must begin taking RMDs from your 401 (k), even if you ...

Steven Bugg, President & CEO of Great Lakes Credit Union, joins Jon Hansen to discuss the purpose of credit unions and the role they play in serving their members. Steven talks about who ...

It’s a Mesirow Monday! Every week, a specialist from Mesirow Wealth Management joins Jon Hansen to discuss a different financial topic. This week, Gary Pattengale, Advanced Planning Specialist and ...

Whether you work at BHS or elsewhere, selecting the best retirement savings option for you requires careful personal ...

Unlike a traditional 401(k) or IRA, where withdrawals are taxed as ordinary income, Roth IRAs provide tax-free withdrawals in retirement, provided you meet the five-year rule and are over 59½.

Another benefit of a Roth 401(k) vs. IRA is that you can generally contribute more to your account. With a Roth 401(k), you can contribute up to $23,500 ($31,000 if you are 50-59 or 64+) in 2025.

Retirement planners often debate whether to max out a 401(k) or prioritize a Roth IRA. A mathematical analysis reveals that, contrary to popular advice, maxing out a 401(k) before investing in a ...

Traditional IRA vs. Roth IRA. There are some key differences between the two types of IRAs. ... The same goes for retirement plans like 401(k)s that offer a Roth option.

When comparing an IRA vs. 401(k), each has unique benefits. Discover the pros, cons and which option may best fit your financial goals.