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New 401(k) Catch-Up Rule for High-Income Earners
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In this episode of the Your Retirement Radio Show, Kevin discusses the new rule that will require high-income earners to put their catch-up contributions into a Roth 401(k) starting in 2023. He also talks about the benefits of Roth 401(k)s and how they can help you save for retirement.
Kevin shares the story of a client who was able to save thousands of dollars in taxes by contributing to a Roth 401(k). He also discusses the importance of working with a financial advisor to make sure you are taking advantage of all the retirement savings options available to you.
If you are a high-income earner, this episode is a must-listen. Kevin provides valuable insights that can help you make the most of your 401(k) and save for a secure retirement.
#retirement #financialplanner #financialliteracy #wealth #fyp #podcast #taxes #income
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