Financial Advisor Insights

What to do after inheriting a retirement account from a parent or relative

If you have just inherited a traditional IRA, SEP IRA, Roth IRA, 401(k) or 403(b) plan from a parent, sibling, or relative, you may be unsure about what your options are and what to do next. As a […]

Continue Reading

Is it always best to max out a 401(k)? Exploring the downside of tax-deferred growth

In personal finance, there aren't too many universally applicable hard and fast rules. Although some might reasonably argue that always maxing out annual pre-tax contributions to a retirement account […]

Continue Reading

What's the Difference Between a 401(k) and 403(b)?

How is a 403(b) different from a 401(k)?

Although 401(k) and 403(b) retirement plans are very similar, there are some key differences between the two. If you recently changed jobs and aren't sure how […]

Continue Reading

How to Use a Roth IRA, Even When You Earn Too Much

If you have an old 401(k) or 403(b) retirement plan, now may be a good time to consider converting to a Roth IRA. Diversifying your retirement savings can really pay off down the line for some […]

Continue Reading

Saving for Retirement with a 401(k) Plan

One of the most common ways Americans save for retirement is through a 401(k) plan offered at work. As 401(k) plan assets typically represent a considerable amount of an individuals' retirement […]

Continue Reading

SEP IRA vs Solo 401(k)

Updated for 2018. Self-employed business owners have a few options when it comes to saving for retirement. The most common retirement plans for small business owners are the SEP IRA and Solo 401(k), […]

Continue Reading

Self-Employed? Save for Retirement with a Solo 401(k)

Updated for 2018. The Individual (or Solo) 401(k) plan is very similar to a Traditional 401(k) plan, only designed for business owners with no employees. Compared to the other types of retirement […]

Continue Reading

Choosing Between a SEP IRA and an Individual 401(k)

Updated for 2018. Self-employed business owners have several retirement plans to choose from, and for small companies, the SEP IRA and Individual 401(k) are the most common. Determining which plan is […]

Continue Reading

Should I Convert My Old 401(k) to a Roth IRA?

Updated in 2018. After changing jobs you may find that your 401(k) has stayed with your old employer. As you consider your options, you may consider converting an old 401(k) to a Roth IRA. A Roth IRA […]

Continue Reading

Should You Use a Roth 401(k) or a Traditional 401(k)?

This article was originally published on U.S. News by Kristin McFarland, Wealth Advisor at Darrow Wealth Management.

Continue Reading
New Call-to-action

Popular Articles

Boston Wealth Management