Or perhaps you do not know much about your retirement savings account options beyond the 401(k) plan offered by your employer — and have ended up just defaulting to that.

A Roth retirement plan. A Roth 401(k) is identical to the traditional version in almost every way except contributions are made after-tax. This means that while you pay taxes on the money you are ...

Pension plans typically offer two disbursement options: an annuity, which provides steady payments over time, or a lump-sum payment. Each option has its pros and cons, and the best choice will […] ...

“However, a self-employed person is restricted to making only a personal contribution which is age-related and capped to a maximum earnings limit for pension purposes of €115,000.” ...