Roth 401(k)s
Roth 401(k)s are retirement plans that have similarities to both Roth IRAs and 401(k) plans. Like a Roth IRA, participants make after-tax contributions into the account. As long as they are over 59 1/2 years old and have had the account for five years or more, they can make all withdrawals tax-free. Income earned in the account will not be taxed, even at withdrawal.
Roth 401(k)s resemble traditional 401(k)s in that the employer can ma