Roth 401(k) Benefits

December 11, 2019

The Roth 401k is an underutilized yet extremely beneficial way to diversify your retirement savings while creating a permanently tax-free source of retirement income. While your initial Roth 401k contributions are taxed, all growth and future withdrawals are completely tax-free, thereby removing the government from the equation. Fortunately the Roth 401k option is becoming more widely available and does not have any income restrictions. This article explains the many benefits of making these types of contributions if given the opportunity: