New Roth plans are confusing - September 25, 2005

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New Roth plans are confusing - September 25, 2005

Roth 401(k) Forum Forum Index -> Roth 401k News, Articles, and Information

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roth401k
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Joined: 25 Apr 2005
Posts: 182

Posted: Sat Oct 01, 2005 2:42 pm Post subject: New Roth plans are confusing - September 25, 2005

New Roth plans are confusing Friday, September 23, 2005 Will they or won't they? Should I or shouldn't I? Those two questions are on the mind of almost every investor who has heard of the new Roth 401(k). And when the latest type of retirement plan debuts in January, the clamor for answers will be so loud, consumers could well wind up more confused than ever. With that in mind, it's time to answer those questions, and then some, now, before investors get worried about missing out on something that might help them. Officially speaking, the Roth 401(k) plan -- Roth-k for short -- was created in legislation back in 2001, but.... ENTIRE ARTICLE HERE

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"roth 401(k)" - Google News
Google News

Consider other funds before using 401(k) for house down payment - Las Vegas Review-Journal

Consider other funds before using 401(k) for house down payment
Las Vegas Review-Journal
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411 on 401(k) - GovExec.com

411 on 401(k)
GovExec.com
The board will publish details about implementing the upcoming Roth 401(k) option to the Thrift Savings Plan, which allows employees to invest income that already has been taxed. The new Roth TSP component will invest an employee's after-tax earnings ...
Good, Bad, or Meh? Readers Rate Their 401(k) Plans - Morningstar.com

Good, Bad, or Meh? Readers Rate Their 401(k) Plans
Morningstar.com
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What's the Tax Advantage of 401(k)s? - Smartmoney.com (blog)

What's the Tax Advantage of 401(k)s?
Smartmoney.com (blog)
Since 2006, employers have had the option of offering a Roth 401(k). Under this arrangement, initial contributions are not deductible. But investment earnings accrue tax free and no tax is paid when the money is withdrawn. This arrangement is superior ...

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Retirees: Don't Let The IRS Take A Bite Out Of Your Tax Refund - Business Insider

Business Insider
Retirees: Don't Let The IRS Take A Bite Out Of Your Tax Refund
Business Insider
"Young people have time on their side and can start now and turn Roth IRAs and Roth 401(k) plans into hundreds of thousands of dollars, and all tax-free when they retire." As workers enter their 50s, Reed says, they should start earmarking funds that ...
How to Finance Life Until 100 - U.S. News & World Report

How to Finance Life Until 100
U.S. News & World Report
Roth IRAs and Roth 401(k)s allow you to tuck away after-tax dollars for retirement, which means withdrawals after age 59½ from accounts that are at least five years old are tax-free. To decide which type of retirement account is better for you, ...

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Six ways to maximize retirement "sweet spot" years - Reuters

Six ways to maximize retirement "sweet spot" years
Reuters
Contribute to a Roth 401(k) plan if you have access to one. Later, you'll transfer it to a Roth IRA. Meantime, your Roth 401(k) contributions still effectively boost your traditional 401(k) account; by law, any employer matching contribution must go ...

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The Serial Backdoor Roth, A Tax-Free Retirement Kitty - Forbes

Forbes
The Serial Backdoor Roth, A Tax-Free Retirement Kitty
Forbes
First, she's maxing out on her company pre-tax 401(k) plan contributions?putting away the full $17000 for 2012?her employer doesn't offer a Roth 401(k) option. The couple told their tax advisor Huston they want to save more, but they can't contribute ...

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Are Your Clients Tax Diversified? - Insurance News Net (press release)

Are Your Clients Tax Diversified?
Insurance News Net (press release)
If they contribute to a Roth 401(k), the income reduction we achieved above will be lost since Roth contributions occur on an after tax basis. Finally, the Spencer's could purchase life insurance however they are already adequately insured.
Financially Speaking: Know key tax deadlines for 2012 - Seacoastonline.com

Financially Speaking: Know key tax deadlines for 2012
Seacoastonline.com
If your employer's plan includes a Roth 401(k) option, you may allocate any portion of your salary deferral between regular and Roth, as long as the combined contributions do not exceed the above dollar limits. You should consider allocating at least a ...

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"roth 401(k)" - Yahoo! News Search Results
"roth 401(k)" - Yahoo! News Search Results

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It sounds like a lot of money -- and it still will be even 30 years from now. But it won't be worth anything close to $4 million today.
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Responsible retirement planning begins early in a career. As time goes by, money placed in an IRA or a 401(k) will grow, allowing for a comfortable retirement.
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I hope to have $4 million saved by the time I retire in 30 years. That sounds like a lot of money, but how much would that be in today's dollars? -- Brian
Good, Bad, or Meh? Readers Rate Their 401(k) Plans
Even those satisfied with their 401(k)s can spot room for improvement; common wish-list items include index funds, more bond funds.
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Given advances in medicine, I'm worried my wife and I might outlive our retirement savings. I've started reading about annuities, but I'm confused about the difference between immediate annuities and another type I've heard referred to as a deferred income annuities. Can you explain the difference? -- Daniel R.
Sorry, Retirees, The IRS Will Still Take A Bite Of Your Tax Return
"Responsible retirement planning begins early in a career. As time goes by, money placed in an IRA or a 401(k) will grow, allowing for a comfortable retirement.