1 New Required Minimum Distribution (RMD) Rule That Makes Roth 401(k)s More Attractive in 2024

Choosing the best mix of accounts to house your retirement funds can be challenging. You have individual retirement accounts, such as Roth and traditional IRAs, and employer-sponsored retirement plans like a 401(k) and 403(b). Also, about 90% of employers now offer Roth savings options within their 401(k) plans, according to a 2022 survey, adding another wrinkle to retirement planning. Despite the increase in employers offering Roth 401(k)s, the number of employees contributing to these accounts hasn't budged much, with less than a quarter taking advantage of this option. However, a change to the required minimum distribution rule that goes into effect this year may entice more people to consider a Roth 401(k).Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool