I’m 40 and my advisor wants me to switch from Roth to traditional 401(k). Dave Ramsey says it’s a million-dollar mistake

I’m 40 and my advisor wants me to switch from Roth to traditional 401(k). Dave Ramsey says it’s a million-dollar mistake

Quick Read Ramsey argues that switching to a traditional 401(ok) saves taxes on $600,000 in contributions whereas forcing taxes on $2.5 million in development, which he calculates to be a roughly $750,000 mistake. Under the SECURE Act, heirs should drain an inherited traditional IRA inside 10 years, doubtlessly forcing $300,000 in annual taxable distributions on…

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London Mayor Weddle pleads not guilty to making illegal contributions to support Beshear

London Mayor Weddle pleads not guilty to making illegal contributions to support Beshear

London Mayor Randall Weddle made his preliminary courtroom look Wednesday on expenses that he illegally made extra marketing campaign contributions to political committees supporting Gov. Andy Beshear’s reelection in 2023. Weddle’s lawyer, Guthrie True of Frankfort, entered a plea of not guilty on Weddle’s behalf to a four-count indictment returned by the Laurel County Grand…

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