Facebook Linkedin Twitter

Qualified Distributions

Should your business add Roth contributions to its 401(k)?

401K, Employees, Roth IRA, Small Business /

If your business sponsors a 401(k) plan, you might someday consider adding designated Roth contributions. Here are some factors to explore when deciding whether such a feature would make sense for your company and its employees. Key differences. Roth contributions differ from other elective deferrals in two key tax respects. First, they’re irrevocably designated to

Should your business add Roth contributions to its 401(k)? Read More »

Consider a Roth 401(k) plan — and make sure employees use it

401 K, 403 (b), 457 (b) (2), Plan Sponsor Council of America (PSCA), Roth IRA /

Roth 401(k) accounts have been around for 13 years now. Studies show that more employers are offering them each year. A recent study by the Plan Sponsor Council of America (PSCA) found that Roth 401(k)s are now available at 70% of employer plans, up from 55.6% of plans in 2016. However, despite the prevalence of

Consider a Roth 401(k) plan — and make sure employees use it Read More »