Retire - Young Wealth Building

Roth IRA

The Updated Mega Backdoor Roth Conversion for 2024

By ningmenggege@outlook.com
February 24, 2024
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2 min read

This Mega Backdoor Roth conversion article has been revised for the 2024 tax year. Every time I think my retirement savings have reached their maximum […]

Roth IRA

IRA Contribution Limits for 2023 & 2024

By ningmenggege@outlook.com
February 24, 2024
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1 min read

This maximum IRA contribution article has been updated with information for both 2023 and 2024 tax years. The IRS recently issued the maximum IRA contribution […]

Roth IRA

Roth IRA Basics for 2023 & 2024: Presented in a Question & Answer Format

By ningmenggege@outlook.com
February 24, 2024
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1 min read

Roth IRA overview updated for 2023-2024 tax years This article covers the 2023-2024 tax years. Even if it’s already past one calendar year, it may […]

Roth 401K

The Mega Backdoor Roth Conversion Strategy (Updated for 2024)

By ningmenggege@outlook.com
February 24, 2024
0 comments

2 min read

This Mega Backdoor Roth conversion article has been updated for the 2024 tax year. Every time I think my retirement savings have reached their maximum […]

Roth 401K

401K Contribution Limits for 2023 & 2024

By ningmenggege@outlook.com
February 24, 2024
0 comments

1 min read

This maximum 401K contribution article has been revised for the 2024 tax (calendar) years and contains historical data for prior years. The IRS recently announced […]

Roth 401K

Fundamentals of Solo 401K for Self-Employment Income (For 2023 & 2024)

By ningmenggege@outlook.com
February 24, 2024
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1 min read

This Solo 401K overview has been revised with information for 2023 & 2024 tax years, part of my multi-part series on retirement accounts for self-employment […]

Retirement Planning

Prioritizing Retirement Account Types: A Ranking Based on Contribution

By ningmenggege@outlook.com
February 24, 2024
0 comments

3 min read

Just recently, while having lunch with one of my coworkers, the topic of retirement accounts came up. Our employer offers an exciting 50% 401K match; […]

Retirement Planning

The Gap Between Millennial Retirement Aspirations and Reality

By ningmenggege@outlook.com
February 24, 2024
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1 min read

I have been keeping tabs on millennial savings and retirement trends, so it was exciting for me when TD Ameritrade released findings from a new […]

Retirement Planning

An Overview of Social Security for Individuals Under Age 62 (2024 Information)

By ningmenggege@outlook.com
February 24, 2024
0 comments

2 min read

Social Security: An Overview For three years I’ve been creating this overview of Social Security. It took that long for it to reach the level […]

Personal Finance Planning

The Personal Inflation Rate: A Metric to Control Lifestyle Inflation

By ningmenggege@outlook.com
February 24, 2024
0 comments

2 min read

As one half of a married couple, my inflation rate (or more accurately “household inflation rate”, since my wife and I share costs equally). Whatever […]