Micah Tatum

Key Takeaways A Trump administration advisor floated a plan this month to allow people to use 401(k) funds for down payments on homes. However, Trump said late last week that he is not a strong supporter of tapping 401(k)s early because of the recent rise in the value of many Americans' 401(k)s. Experts warn that withdrawing from a 401(k) early could shrink your retirement savings in the long run, even if doing so helps you buy a home. As the federal government looks to make housing more...

It's not usually a good sign when a research firm issues a worst-case-scenario forecast. It's even more troubling when that firm adjusts its outlook to be more bearish just two weeks later. Well, that's exactly what the credit-strategy team at UBS just did. The strategists initially laid out a tail-risk scenario in early February, which included a potential spike in private credit defaults. Then, this week, the firm checked back in to make that forecast more negative. As with most market...

Employers can offer 401(k) plan participants the opportunity to make Roth 401(k) contributions. If you're lucky enough to work for an employer who offers this option, Roth contributions could play an important role in maximizing your retirement income. What is a Roth 401(k)? A Roth 401(k) is simply a traditional 401(k) plan that accepts Roth 401(k) contributions. Roth 401(k) contributions are made on an after-tax basis, just like Roth IRA contributions. This means there's no up-front tax...