Retirement Archives | Wealthfront Blog https://www.wealthfront.com/blog/category/planning/retirement/ Personal Finance & Investing Insights Tue, 24 Sep 2024 18:15:34 +0000 en-US hourly 1 https://www.wealthfront.com/blog/wp-content/uploads/2019/09/cropped-wave-logo-transparent-hi-res-500x500.png Retirement Archives | Wealthfront Blog https://www.wealthfront.com/blog/category/planning/retirement/ 32 32 What Are the Benefits and Drawbacks of IRAs? https://www.wealthfront.com/blog/ira-benefits-and-drawbacks/ Thu, 15 Aug 2024 23:44:09 +0000 https://www.wealthfront.com/blog/?p=12607 Individual retirement arrangements (IRAs) are a popular way to save for retirement, and with good reason—they come with numerous benefits for investors building long-term wealth. They also come with a few drawbacks you should be aware of. In this post, we’ll break down what you need to know, focusing on two popular account types: traditional […]

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]]> Is a Roth Conversion Right for You? https://www.wealthfront.com/blog/roth-ira-conversion/ Wed, 27 Mar 2024 16:04:07 +0000 https://www.wealthfront.com/blog/?p=12239 IRAs, or individual retirement arrangements, are a popular way to save for retirement, and with good reason: IRAs have numerous benefits. You may already be familiar with some of the different types of IRAs, including traditional IRAs and Roth IRAs. But you might not know it’s possible for people who typically don’t qualify for a […]

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]]> Why the Elimination of Stretch IRAs Means It’s Time To Update Your Retirement Plan https://www.wealthfront.com/blog/secure-act-elimination-of-stretch-ira/ Fri, 31 Jan 2020 23:31:38 +0000 https://www.wealthfront.com/blog/?p=12531 On December 20, 2019, President Donald Trump signed the Setting Every Community Up for Retirement Enhancement (SECURE) Act with overwhelmingly bipartisan support. In so doing, the most comprehensive retirement bill since the Pension Protection Act of 2006 became law. Among the SECURE Act’s many provisions comes some potentially bad news for many Wealthfront clients, and […]

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]]> A 401(k) Won’t Get You There https://www.wealthfront.com/blog/8511-2/ Thu, 15 Mar 2018 17:27:13 +0000 http://www.wealthfront.com/blog/?p=8511 There are a ton of misconceptions on the best way to find financial security, but there is one in particular that kills me every time I hear it: “I have a 401(k) and my company matches it so I’m good, right?” Wrong! I can’t fault people for thinking this -- it’s been ingrained into our generation.

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]]> Understanding Your Path to Retirement https://www.wealthfront.com/blog/understanding-path-retirement/ Wed, 17 May 2017 19:13:48 +0000 http://www.wealthfront.com/blog/?p=7575 Have you ever thought that you’re too young or too busy to think about retirement? If that sounds familiar, you’re not alone. When it comes to planning for retirement the biggest obstacles to starting are often self-created. Life gets in the way, so it’s easy to put off retirement in place of other things that […]

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]]> Last Minute Advice on Retirement Accounts https://www.wealthfront.com/blog/advice-on-retirement-accounts/ Thu, 14 Apr 2016 17:00:26 +0000 http://www.wealthfront.com/blog/?p=5509 Ordinarily, important investment decisions shouldn’t be rushed. But this week presents an exception, because you only have a few days left to contribute to your retirement account and get a credit for the amount on 2015 taxes. You need to do so by Monday, April 18, 2016, the same day taxes are due, which is […]

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]]> Your 401(k) May Not Be the Best Way to Save for Retirement https://www.wealthfront.com/blog/401k-versus-taxable-account/ Wed, 16 Dec 2015 05:45:13 +0000 http://www.wealthfront.com/blog/?p=5345 The Wealthfront blog has always made a commitment to focusing on data-driven, actionable advice. Sometimes the data challenges conventional financial advice. In this post, we look at the gospel that 401(k) accounts are the best way to save for retirement. As we will explain below, a significant number of investors could even be better off […]

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]]> When Should You Consider a SEP-IRA? https://www.wealthfront.com/blog/when-you-should-consider-sep-ira/ Wed, 14 Jan 2015 00:37:36 +0000 http://www.wealthfront.com/blog/?p=4920 If you are a self-employed contract worker or sole-proprietor, there’s a retirement account you may not have heard about that’s worth considering: the Simplified Employee Pension IRA or SEP-IRA for short. The key advantage of the SEP-IRA is the high annual maximum contribution limit, which at $53,000, is much higher than the $5,500 cap associated […]

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]]> The Significance of 65 https://www.wealthfront.com/blog/significance-65/ Tue, 16 Sep 2014 15:53:07 +0000 http://www.wealthfront.com/blog/?p=4677 Numbers can be deceptive. They are quantitative, yet in the blink of a chameleon’s eye they can convert into qualitative  symbols when linked to the dynamic world of emotions, expectations, and beliefs. Consider the deeper meanings that surge to mind as you ponder 65, 9/11, 18, 16, 13, 1st or 99-and-44/100%. Do we all  think […]

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]]> When Do You Use a Traditional vs. Roth IRA? https://www.wealthfront.com/blog/use-traditional-vs-roth-ira/ Tue, 17 Jun 2014 14:46:15 +0000 http://www.wealthfront.com/blog/?p=4500 Note: For more information about the different types of IRAs, check out our IRA Account Selection Tool. If you’re like most people you’re not quite sure when you should open a Traditional vs. a Roth IRA. Unfortunately the answer is not straightforward due to all the arcane income limitations and tax treatments associated with each. With […]

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