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How to Make After-Tax 401(k) Contributions 01/17/2023 07:00pm • A traditional 401(k) plan allows you to make tax-deferred contributions to the account. Your 401(k) plan might also allow for after-tax contributions, which enable you to save more for retirement. However, there are restrictions to be aware of. Contributing after-tax dollars to a 401(k) account can 7 Best Funds to Hold in a Roth IRA 01/17/2023 07:00pm • The U.S. retirement landscape offers investors a plethora of accounts with which to optimize their investments. Notable among them is the Roth IRA, where investors make after-tax contributions in exchange for tax-free future withdrawals. "Roth IRAs have several advantages, such as tax-free growth, t The Best Places to Retire Overseas in 2023 01/17/2023 07:00pm • Retire overseas.The best place to reinvent your life overseas in retirement depends on your personal preferences and priorities. Some people dream of long walks on the sand, while others would prefer regular nights out at the theater in a thriving city. Here are the most appealing places to call hom Brooke Lierman makes history as Maryland’s first woman comptroller 01/17/2023 07:28am • This content was republished with permission from WTOP’s news partners at Maryland Matters. Sign up for Maryland Matters’ free email subscription today. Former Del. Brooke Lierman of Baltimore City made history Monday as Maryland’s 34th comptroller and the first woman ever elected to the 6 Funds to Add to Your HSA 01/16/2023 07:00pm • Health savings accounts are advantageous.Health savings accounts, or HSAs, can be a great tool to add to your investment strategy. Along with the well-known Roth IRA and the 401(k), the HSA rounds out the U.S. retirement account landscape. A well-funded HSA can help investors pay for costly medical 7 Best Tax-Free Municipal Bond Funds 01/16/2023 07:00pm • Muni bond funds offer safety and yield, plus tax advantages.Treasury and corporate bonds may be popular among investors seeking safety and higher yields respectively, but what about tax efficiency? For investors looking to shield more of their returns from Uncle Sam, municipal bonds can offer an ent What Is the Child Tax Credit? 01/16/2023 07:00pm • Last year, some parents may have received thousands of dollars from the government in the form of child tax credit refunds. However, they shouldn't expect to see a repeat of those payouts this year. Provisions within the American Rescue Plan Act of 2021 that greatly expanded the credit and made it f What to Do After You Submit Law School Applications 01/16/2023 07:00pm • If you've finished submitting your law school applications, congratulations! The hard part is over, from mastering the LSAT or GRE to completing the checklist of materials needed to apply to law school. As law school admission decisions trickle in over the winter, the wait can be difficult. The foll What Is the Social Security Tax Limit? 01/16/2023 07:00pm • You may not need to pay Social Security tax on all of your earnings if you have a high salary. Workers pay into the Social Security system until their income reaches the Social Security tax limit for that year. In 2023, the Social Security taxable maximum is $160,200. Earnings above this amount are Downtown DC to federal agencies: Bring back workers, stat 01/16/2023 12:18pm • Federal government agencies are still largely allowing employee remote work. It is not good news for downtown D.C. businesses. "You have to understand how important that is, because the federal government owns or leases one-third of all office space in downtown D.C.," said George Washington Unive Northern Virginia lawmakers' bills target local data centers 01/16/2023 09:10am • For years, Loudoun County, Virginia, has been known as the world's "data center capital." However, not everyone is happy that Prince William County has recently become a destination for future data centers. One of the most controversial projects is Prince William's Digital Gateway data center com Brooke Lierman ready for ‘awesome responsibility’ as she prepares to be sworn in as Maryland comptroller 01/15/2023 01:10pm • This content was republished with permission from WTOP’s news partners at Maryland Matters. Sign up for Maryland Matters’ free email subscription today. After Brooke Lierman raises her right hand and recites the oath of office as comptroller Monday, she doesn’t know what she’ll do immed Maryland isn't planning a tax holiday, but is adding money to the state's budget 01/13/2023 08:27pm • Don't expect a gas tax holiday, but do expect to see lawmakers using their new authority to add money to the state's budget. Those were just a few of the items Maryland Senate President Bill Ferguson talked about in a briefing with reporters just two days after the start of the 90-day legislative Tax prep checklist: Collect these forms before filing your taxes 01/13/2023 09:50am • Every year, it can pay off to get organized and gather your tax documents early, both because you're likely to receive your tax refund sooner and you'll avoid the stress of scrambling at the last minute. This is important because the Internal Revenue Service has been particularly slow in recent y 11 Steps to Writing a Will 01/12/2023 07:00pm • Most people should have a will, but it's not always the most significant estate planning document. You can transfer many typical household assets like retirement accounts simply by naming beneficiaries -- and documents such as financial and medical powers of attorney can be more powerful in determin