It’s probably safe to say most investors are very aware of the recent downturn in financial markets. In addition, you probably want to understand the impact of Covid-19 on your portfolio. To be perfectly honest, I’d love to give you a specific, realistic, and quantifiable answer.
Despite the ubiquity of Roth accounts, there are some common misunderstandings about how Roth IRAs and Roth 401(k)s operate and interact with each other. Confusion swirls around such basic concepts as contribution limits, eligibility and Roth rollovers.