Is a Roth 401(k) right for you?
The Vanguard Groups 2022 How America Saves reports that 77 percent of 401(k) plans had adopted a Roth Savings option; however, only 15 percent of the participants had elected the option. Although a traditional 401(k) plan gives employees a tax break on money they contribute, a Roth 401(k) will grow tax-free, and withdrawals will be tax-free. Maurie Backman explains how a Roth 401(k) can be right for you. Read Ms. Backman’s article here…
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