Series 66: 5.2.4.2.1 Roth 401(k)

5.2.4.2.1  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 he is over 59 1/2 years old and has had the account for five years or more, the plan participant can make all withdrawals tax-free. Income earned in the account will not be taxed, even at withdrawal.

Roth 401(k)