A couple both earning $185,000 and maxing out their 401(k) deferrals can use after-tax contributions and in-plan Roth conversions to add $94,000 in Roth space annually through the Mega Backdoor Roth strategy. The IRS limits total 401(k) contributions to $72,000 per person, including deferrals, employer match, and after-tax amounts. By timing conversions immediately after contributions, taxable earnings are minimized. Combined with backdoor Roth IRA and HSA contributions, this strategy can create over $3 million in tax-free retirement savings over 18 years. Investors should check their 401(k) plan rules and existing IRA balances to implement this effectively.
Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...
Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...
Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Industrial Development Funding (IDF) and Oaktree have committed $1.7 billion to support Bloom Energy's fuel cell technology for building AI cloud infrastructure for Nebius. This project will provide dedicated behind-the-meter power to meet the high c...
