ROTH 401(K) VS TRADITIONAL 401(K) When most of us were younger, a Roth 401(k) did not exist. So, when we are passing wisdom down to the younger generations, it might not be one of the first things that comes to mind. With that said, it should be near the top of...
Using Qualified Charitable Distributions (QCDs) to satisfy Required Minimum Distributions (RMDs) from your retirement accounts can be a smart financial strategy for several reasons. Below are 5 reasons to consider utilizing QCDs: Tax Efficiency: QCDs allow you to...
At Puzzle, we often get asked, “I’ve already maximized my company’s 401(k) plan for the year. Are there other ways I can contribute to my retirement savings above the current IRS limit?” Below are a few strategies you might want to consider for yourself to increase...
WHEN & WHY YOU SHOULD UPDATE YOUR RETIREMENT PLAN BENEFICIARIES There is no hard and fast rule for how often you should check or update your retirement plan beneficiaries. However, it's generally a good idea to review your beneficiaries at least once a year or...
