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Roth 401(k)

In 2006, the Roth 401(k) was introduced as another retirement option for employers to offer their employees. While still a retirement plan with employer-matching contributions, Roth 401(k) plans differ from traditional 401(k) plans in several ways, including contributions made with after-tax dollars and no taxes on withdrawals dependent on certain provisions. 

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  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Banking
  • Category: Savings
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