After-tax 401k contributions may be more appealing than you think. This article points out an IRS ruling which allows the after-tax portion of a 401k to be directly rolled into a Roth IRA after leaving an employer.
While we are all susceptible to financial scams, senior citizens seem to be targeted more than any other group. This article highlights ways to protect yourself, your family and friends, along with organizations that can help if you find yourself a victim.
There are new accounts available that have tax treatments similar to 529 plans, but they are for disabled individuals. The money saved into the accounts is tax advantaged if used for qualified disability expenses such as housing, assistive technology, and medical treatment. Read more about ABLE accounts here.
While dealing with a mice issue in the house (which is thankfully now under control) we were contemplating getting a cat. Around the same time, I stumbled upon this article in the Atlantic magazine. It is a must read if you have an outdoor cat.
From my desk:
I wrote this piece after a chat with an annuity salesperson who did not know the details of the product they were selling.
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