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Roth 401(k) not TSP option - January 17, 2006

 
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PostPosted: Wed Jan 18, 2006 4:08 pm    Post subject: Roth 401(k) not TSP option - January 17, 2006 Reply with quote

Roth 401(k) not TSP option

FEDERAL REPORT
By Mike Causey
January 17, 2006

Uncle Sam will not offer employees an in-house Roth 401(k) plan -- not because he is trying to save money, but because he can't.

Congress authorized the popular Roth option within 401(k) plans starting this year. The Roth guarantees that after-tax money invested in the retirement fund will not be taxed, regardless of how big it grows.
Although the Roth would be a welcome addition to many employees....

ENTIRE ARTICLE HERE
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