In a previous post, I shared how to select investments in 401(K). You can read How I choose investments for Retirement Accounts. Most individuals who opted in for 401(K) were unaware of after-tax options that might be available in their plan. According to a recent survey, only 10% of all individuals who had the option available knew about it.
Let’s understand the details of the after-tax 401(K) contribution advantages and limitations. Then, we'll discuss what kind of nest eggs you can have for retirement if you max out pre-tax and…
