SIE: 8.2.10.2. Roth 401(k)

8.2.10.2.  Roth 401(k)

Roth 401(k)s are retirement plans that have similarities to both Roth IRAs and 401(k) plans. As with a Roth IRA, participants make after-tax dollar contributions to the account. As long as they are over 59 1/2 years old and have had the account for five years or more, they can make all withdrawals tax-free.