Conventional wisdom recommends diversifying investment holdings so that when one sector or asset class dips, another can make up the difference. And, for the average individual, diversification ...

From a tax reporting standpoint, you can simply file a Form 8606 with your next tax return to reflect historical non-deductible IRA contributions. No penalty, no problems.

“Contributing to your Roth investment vehicles, whether through Roth IRA contributions, Roth 401(k) contributions or conversions, gives you significantly more control over managing your taxes ...

I have $120,000 in after-tax contributions in my traditional 401(k) at work. Can I roll over just the after-tax money into my Roth IRA? I would like to avoid creating a taxable event. – Daniel ...

The fact that 100% of tax-deductible contributions plus earnings would be taxable when you took withdrawals from the plan wasn’t the most important consideration in the early to mid-80s when the ...

Benefits of After-Tax 401(k) Contributions. If you’re a high earner and have extra money to put towards retirement savings, it’s tough to beat the benefits of after-tax contributions.

I have $120,000 in after-tax contributions in my traditional 401(k) at work. Can I roll over just the after-tax money into my Roth IRA? I would like to avoid creating a taxable event. – Daniel ...