4 Changes Congress Should Make to Reform RMD Rules and Help RetireesThe Required Minimum Distribution (RMD) frustrates retirees and may require reform to address confusion and penalties.
We're in our late 30s and already have $1 million in our 401(k) - where should we stash our extra savings?Diversifying account types is essential for smart financial planning.Continuing to invest solely in tax-deferred accounts might not be wise, given the couple's current financial status.
I work for a small company and I can only contribute about $4k per year towards my 401k - are there other tax-advantaged accounts I can use?Tax-deferred accounts serve as a backup for later years, allowing for more immediate liquidity and flexibility for early retirees.