Roth 401(k)

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Definition: Roth 401(k)

Roth 401(k)
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Full Definition of Roth 401(k)

A contribution-based retirement account, which combines features of the traditional Roth IRA and 401(k) plan accounts. The Roth 401(k) contains many benefits for employees, such as being able to contribute post-tax money, but many companies do not yet offer this as a retirement plan option, due to the increased amount of work it takes to maintain this plan. Companies were given the option to begin offering this plan in 2006.

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https://payrollheaven.com/define/roth-401k/
Modern Language Association (MLA):
Roth 401(k). PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/roth-401k/.
Chicago Manual of Style (CMS):
Roth 401(k). PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/roth-401k/ (accessed: April 23, 2024).
American Psychological Association (APA):
Roth 401(k). PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/roth-401k/

Definition Sources

Definitions for Roth 401(k) are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.