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. For more episodes of WSJ's Your Money Briefing: #401k #Taxes #WSJ... ( read more )
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Why This Popular 401(k) Tax Break Is Going Away: A Closer Look by WSJ Your Money Briefing The 401(k) tax break has long been a favorite amo...
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