How can I establish a Roth 401k?

Answer A Roth 401k plan is a tax-advantaged retirement savings account some companies offer to their employees. You can only have a Roth 401k retirement account if it is offered by your employer. Some emp... Read More »

Top Q&A For: How can I establish a Roth 401k

Does a roth 401k count as a holding period for a roth ira?

When you rollover money from a Roth 401k plan to a Roth IRA, the time in the Roth 401k does not count towards the five year requirement that must be satisfied before qualified distributions can be ... Read More »

How do I contribute to a 401k& a Roth?

Begin 401k SavingAsk human resource personnel at work about details on contributing to your 401k plan. Choose a percentage of your income to contribute to this payroll deduction plan and begin mak... Read More »

How do I transfer a 401k to a Roth IRA?

Is Your 401k Eligible?A 401k cannot be directly transferred to a Roth IRA. However, if you're looking for tax-free savings on your old 401k plan, there is a fairly simple indirect method, as long ... Read More »

Can you have a Roth IRA& a 401k plan?

On One Hand: Not Mutually ExclusiveThe Internal Revenue Service does not restrict people to participating in either a Roth IRA or a 401k plan. As long as you have enough earned income to contribute... Read More »