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Today on the show I am explaining everything you need to know about the ROTH 401(k) and why it’s a much better option than the traditional 401(k).
This video was recorded as a live stream to both Facebook and Youtube. The audio can also be found on the Money Peach Podcast — or anywhere you listen to your podcasts.
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The Show Notes
Do you have a ROTH 401(k) option with your employer?
Right now about 50% of employers who offer a 401(k) are now offering a ROTH 401(k) as an alternative option for retirement, and 60% of those who have access to a ROTH 401(k) are using them.
In this episode, I am going to talk about why the ROTH 401(k) is a much better option and explain exactly how the ROTH 401(k) works.
Once you understand the why behind the ROTH 401(k), you’ll be making the call to your HR department and start contributing to the ROTH 401(k) in no time at all.
**If your employer does NOT offer a ROTH 401(k) and you still want access to tax-free savings in retirement – you still can.
**For the purpose of this episode, the rules for the 401(k) can also apply to your 401(a), 403(b), 457, or TSP.
Links Mentioned in the Episode
Interview with Rebecca Walser on Episode 114.
Don’t have a ROTH 401(k) option? You can open up your own ROTH IRA here and enjoy the same tax advantages you get from a ROTH 401(k).
I recommend opening a ROTH IRA at the same place I have all of my ROTH IRAs – Ally Invest.
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