The Federal Reserve is about to deliver its biggest punch yet in the fight against surging inflation. Policymakers start a two-day meeting on Tuesday, and they are widely expected to raise interest rates by half a percentage point— the largest rate hike in more than two decades.
One of the primary provisions in the bill is the expansion of Roth 401 features. Why is Congress so enamored with Roth savings features? If Congress wants you to use Roth accounts and pay taxes now, should you?