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Roth 401k Forum
Discuss the new Roth 401k now available as of January 1, 2006
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roth401k Site Admin
Joined: 25 Apr 2005 Posts: 182
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Posted: Tue Jun 14, 2005 6:46 am Post subject: Money and You - June 13, 2005 |
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Money and You
By Lynn O'shaughnessy
COPLEY NEWS SERVICE
June 13, 2005
............The nation's newest retirement plan has already got its name: the Roth 401(k). Congress authorized its creation in 2001 when it passed legislation that reduced income tax rates and bumped up the contribution ceilings for a variety of retirement plans. Because the Roth 401(k)'s gestation period was so long, this workplace retirement plan was largely ignored.
To appreciate how a Roth 401(k) works and why you'll want the opportunity to invest in one, it's best to picture what would happen if a 401(k) collided with a Roth IRA. .......
ENTIRE ARTICLE - Money and You
Lynn O'Shaughnessy is the author of "The Retirement Bible" and "The Investing Bible." She can be reached at LynnOShaughnessy@cox.net.
Visit Copley News Service at www.copleynews.com. |
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