What is a Roth plan?

Answer A Roth plan is a retirement account that does not offer tax deductions for contributions. Instead, the money, including earnings, can be withdrawn tax-free at retirement. Roth plan options include ... Read More »

Top Q&A For: What is a Roth plan

What is a Roth 401k plan?

Retirement is a portion of everyone's financial life, and your personal planning and preparation define whether this is a pleasant time in your life. There are many ways to help you save for retire... 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 »

Can I contribute to a Roth IRA& a 401k plan?

As long as you are eligible to contribute, you can contribute to both a Roth IRA and a 401k plan in the same year. Roth IRAs require that your adjusted gross income be below the annual limit, which... Read More »

Rules For the Partial Conversion of a 457 Plan to a Roth IRA?

Whether you are changing jobs or simply recalculating your retirement strategy, converting part of your 457 plan funds to a Roth Individual Retirement Account can be a smart move. Your 457 is a tax... Read More »