A Message from Consumer Action

Consumer Action's MoneyWi$e educational materials have moved to our Managing Money Project website. Here you may view, download and order bulk copies of the MoneyWi$e materials. Please make a note of the Managing Money Project address— www.managing-money.org —and add it to your address book.

Roth 401(k): The other employer-based retirement plan

Source: Herb Weisbaum, NBC News

The Roth 401(k), like a Roth IRA, lets you build a nest egg that grows tax-free, but relatively few workers take advantage of this opportunity.

With the traditional 401(k), contributions are pre-tax money — taken out of your paycheck before your wages are taxed.The Roth 401(k) flips this model on its head. It’s funded with wages that have already been taxed, so withdrawals are free in retirement.

Read Full Article: Roth 401(k): The other employer-based retirement plan


Quick Menu

Support Consumer Action

Support Consumer

Join Our Email List

Optional Member Code
Facebook FTwitter T

MoneyWise Modules

Managing Money Topics

Help Desk