pre-tax contributions

/Tag: pre-tax contributions

Know Your Options

401(k) plans offer many advantages to participants; the ability for accounts to grow on a tax-deferred basis, the chance of receiving employer contributions in the form of a match or non-elective contribution, the ability to contribute even after attaining age 70 ½, and protections from bankruptcy. These benefits are consistent whether a participant chooses traditional or Roth contributions, or even both! So, what makes Roth and traditional routes different and what are the advantages and disadvantages of each?

2019-02-06T13:43:01+00:00February 6th, 2019|Categories: Newsletters/Bulletins|Tags: , , , , |Comments Off on Know Your Options