Season 2 • Episode 8
Retirement 101 & the move to make Before Tax Day (That Most People Don’t)
Retirement planning basics, from pensions and 401(k)s to Roth and traditional IRAs, HSAs and the IRA contribution move many people can still make before Tax Day.
About This Episode
Retirement was not always an expected stage of life, and modern retirement is definitely not automatic. Jennifer and Julie trace the shift from pensions and employer guarantees toward individual responsibility, then break down the core accounts people use today and the time-sensitive IRA contribution opportunity that can still matter before the tax filing deadline.
In This Episode
- How retirement evolved from pensions and employer guarantees into a largely self-directed responsibility
- Why the 401(k) became such a central retirement tool
- How Roth IRAs and traditional IRAs differ
- Why HSAs can be unusually powerful for long-term planning
- Why employer matching dollars deserve attention
- How prior-year IRA contributions before the tax deadline can affect retirement savings and, in some cases, taxes
Cocktail of the Episode
The Cubicle Liberator
The Cubicle Liberator combines bourbon, London dry gin, fresh lime, Angostura bitters and club soda, finished with an orange slice. Retirement planning, but less dry.
Browse all Money Well Studio cocktails →Links & Resources
Keep digging
IRS Retirement Plans
Official IRS information on retirement plans, IRAs and contribution rules.
Visit resource →Money Well Resources
Our retirement, Social Security and investing resources.
Visit resource →Money Well Studio is for educational and entertainment purposes and does not provide individualized financial, tax, investment or legal advice.