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Why This Popular 401(k) Tax Break Is Going Away | WSJ Your Money Briefing

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Retirement savers who make “catch-up” contributions to their 401(k) account will lose an often-used tax deduction under new rules coming next year.

WSJ’s Anne Tergesen joins host J.R. Whalen to discuss.

0:00 Catch-up contributions
1:05 Rule changes
1:36 Roth 401(k) vs. traditional 401(k)
3:02 Taxes on contributions
3:39 Financial planners’ advice
5:10 Estate planning

Your Money Briefing
WSJ's personal-finance podcast features the news that affects your money and what you do with it, breaking down complicated money questions from spending and saving to investing and taxes.

For more episodes of WSJ's Your Money Briefing: https://link.chtbl.com/WSJYourMoneyBriefing

#401k #Taxes #WSJ
Category
Television
Tags
taxes, 401k, 401(k)
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