RSS Feed for This PostCurrent Article

To Roth or not to Roth 401(k)

Question: My employer will start offering a Roth 401(k) that year, and I’m considering taking advantage of it. As I understand it, the Roth 401(k) is much more advantageous than a regular 401(k) considering even though I pay income tax on the dollars I contribute to the Roth, I don’t pay tax on withdrawals, which potentially saves me millions of dollars in taxes I would otherwise have to pay on gains. Is my understanding exact, and do you think I should contribute to the Roth? - Danny Pisarcik

Original post by Technology news - Business 2.0 Magazine

Trackback URL

You must be logged in to post a comment.

Free E-business E-Book from RevenueTip.com!

*  Your Name:
*  Your E-mail: