How the New Roth 401(k) Accounts Work
Jul 10, 2006 (Updated on May 24, 2009)
/
By Helen Modly, CFP, CWPA, and Sandra Atkins, CPA/PFS
Roth 401(k)s follow a set of contribution and distribution rules that differ considerably from traditional IRAs, Roth IRAs, and 401(k) plans. One misstep and clients could be spending their savings on taxes instead of vacation cruises.