Lawmakers in the House of Representatives Thursday overwhelmingly approved the Setting Every Community Up for Retirement Enhancement (SECURE) Act, which would help to close significant gaps between the resources Americans need for retirement and the resources they have. The Senate is considering similar legislation, the Retirement Enhancement and Savings Act.
We refresh our 2019 investment themes and take a deep dive on China. We see a narrow path ahead for risk assets to move higher. Yet rising risks could knock markets off this track. This calls for carefully balancing risk and reward in portfolios.
I split my 401(k) contributions 50/50 between a standard and a Roth. The thought process is that it allows me to take money out tax-free during big spending years in retirement and the opposite during normal years. Is this the correct thought process and a good idea?