The Moola Masters Blog

Hi All!

So you are all set up with your retirement accounts! What's next?

As you know, companies were very excited about the 401K in the 1980's and most companies switched from pension plans to a...

Hi All!

Today is all about retirement account options for those of you who own your own business or have a side gig.

There are 5 different options.

The first is either a Traditional or Roth...

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Today is all about the pros and cons of Traditional vs Roth IRAs.

First off: The max contribution is $6,000 or $7,000 (if over 50 years old) for both a Traditional and a Roth IRA. Remember...

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Let's talk about Roth vs Traditional 401k!

The number of companies offering their employees a choice between Roth and Traditional 401Ks has exploded and now about 75% of companies are...

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Let's talk about employer contributions to our 401K, 403B or TSP accounts.

I'm not sure if HR departments can make it any more confusing than it already is!

Today we are going...

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Let's go over some more 401K stuff.

Traditional 401K plan is pre tax. What does that mean?

Example: Let's say you contribute $100 a week to your 401K. Let's say it has been a tough...

Hi All!

Heidi here and we are going to be answering questions!

Our first question was "What is the history of the 401K?

Here we go!

In 1978 congress passed the 1978 Tax Revenue Act and part of it...