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The Roth 401(k) is becoming very popular—and with good reason. It is a type of retirement savings plan that allows you to make contributions after taxes have been taken out. This means that income tax is paid immediately on the earnings that the employee deducts from each paycheck and deposits into the account. Unfortunately, it also carries numerous rules that impact its tax treatment. So, in this episode, I will be sharing what you need to know about Roth 401(k)s. You can access the full show notes and more by visiting: https://www.forgewealth.com/
By Regina HessThe Roth 401(k) is becoming very popular—and with good reason. It is a type of retirement savings plan that allows you to make contributions after taxes have been taken out. This means that income tax is paid immediately on the earnings that the employee deducts from each paycheck and deposits into the account. Unfortunately, it also carries numerous rules that impact its tax treatment. So, in this episode, I will be sharing what you need to know about Roth 401(k)s. You can access the full show notes and more by visiting: https://www.forgewealth.com/