Roth contributions allow you to contribute to your retirement account on an after-tax basis and pay no taxes on qualifying distributions when the money is withdrawn. For some investors, this could prove to be a better option than the traditional tax-deferred contributions where deposits are made on a pre-tax basis but are subject to taxes when the money is withdrawn. Use the calculator on our website (https://www.rpgconsultants.com/resources/calculators/roth-vs-traditional-401k-and-your-paycheck/) to help determine the option that could work for you and how it might affect your paycheck.
What are Roth contributions? Print
Modified on: Thu, 4 Jun, 2020 at 1:20 AM
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