|
Sun, Jun 5, 05 at 5:36
| Retirement done right. Or is it? You can pay now and save later with a Roth 401(k). The new Roth 401(k) retirement plan is basically a traditional 401(k) that is not bound by income thresholds, and is supplemented with the Roth IRA benefit of tax-free growth and withdrawals.
Roth 401(k) plans become effective January 1, 2006, and will allow you to contribute after-tax earnings into an employer 401(k). The contributions you make will grow tax-free, forever. When you make withdrawals from a Roth 401(k), you will owe no tax. None. Is a Roth 401(k) right for your retirement? You make the choice. |
Here is a link that might be useful: Roth 401k Forum
Follow-Up Postings:
|
- Posted by retirerich (My Page) on Wed, Jul 6, 05 at 1:03
| It seems there are two major advantages to the Roth 401k: - Good to save more on a net basis given the current contribution limits - Good if one does not currently qualify for an Roth IRA account. I found a website about the new Roth 401k that has really good and detailed information: www.roth401k-center.com |
Here is a link that might be useful: www.roth401k-center.com
Please Note: Only registered members are able to post messages to this forum. If you are a member, please log in. If you aren't yet a member, join now!
Return to the Retirement Forum
Instructions
- You must be a registered member and logged in to post messages on our forums.
- Posting is a two-step process. Once you have composed your message, you will be taken to the preview page. You will then have a chance to review the contents and make changes.
- After posting your message, you may need to refresh the forum page in order to see it.
- It is illegal to post copyrighted material without the owner's consent.
- HTML codes are allowed in the message field only.
- No advertising is allowed in any of the forums.
- If you would like to practice posting or uploading photos, please visit our Test forum.
- If you need assistance, please Contact Us and we will be happy to help.