Roth 401(k) definitionQuestion What is a Roth 401(k) retirement plan?
Answer A Roth 401(k) is the opposite of a traditional 401(k) in terms of taxation, in that the former is funded with after-tax dollars and withdrawals are distributed tax-free, as long as certain holding period requirements are met.
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Author of J.K. Lasser's Small Business Taxes 2007
Related Categories: Accounting, Finance, Taxes, Financial Planning, Human Resources, Retirement And Exit Strategies
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