The question seems to garner a lot of discussion around tax time in April. The basic question around switching to a Roth 401(k) is, do you want to take the tax deduction now or when you withdraw the funds during your retirement? Seems simple enough, but the answer – as evidenced by a group of tax experts polled recently by The Wall Street Journal, may be more complicated than that.
Estimated reading time: 0 minutes, 35 seconds
To Roth or Not to Roth? That is the Annual 401(k) Question
With more employers offering Roth 401(k) retirement plans in addition to traditional, pre-tax 401(k)s, an increasing number of employees have a choice but to switch their traditional plan to a Roth. So reports The Wall Street Journal.
Latest from Progressive Human Resource Mangegement
Most Read
-
-
Feb 21 2011
-
Written by Administrator
We want to make sure that our loyal subscribers who…
-
-
-
Apr 16 2015
-
Written by PHRM Staff
Mobile and cloud computing. 3-D printing. Data analytics. These are…
-
-
-
Sep 27 2014
-
Written by PLP News
Perhaps the nation's leading HR technology symposium – Human Resource…
-
-
-
Mar 08 2014
-
Written by Progressive Human Resource Mangegement
If there is one consistent aspect to the Patient Protection…
-