Why This Popular 401(k) Tax Break Is Going Away | WSJ Your Money Briefing

Описание к видео Why This Popular 401(k) Tax Break Is Going Away | WSJ Your Money Briefing

Retirement savers who make “catch-up” contributions to their 401(k) account will lose an often-used tax deduction under new rules coming next year.

WSJ’s Anne Tergesen joins host J.R. Whalen to discuss.

0:00 Catch-up contributions
1:05 Rule changes
1:36 Roth 401(k) vs. traditional 401(k)
3:02 Taxes on contributions
3:39 Financial planners’ advice
5:10 Estate planning

Your Money Briefing
WSJ's personal-finance podcast features the news that affects your money and what you do with it, breaking down complicated money questions from spending and saving to investing and taxes.

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#401k #Taxes #WSJ

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