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re: New Job, 1st 401K..Questions

Posted on 2/11/13 at 9:40 am to
Posted by Chris4x4gill2
North Alabama
Member since Nov 2008
3092 posts
Posted on 2/11/13 at 9:40 am to
do you have the option of both a standard 401K and a Roth 401K?
Posted by CQQ
Member since Feb 2006
17048 posts
Posted on 2/11/13 at 9:42 am to
This is what I can see.

Contribution Amount


BEFORE TAX SAVINGS
Current Election 0 %
Desired Election %
(2% to 25% in increments of 1%)




ROTH BASIC
Current Election 6 %
Desired Election %
(2% to 25% in increments of 1%)

Pre-tax and Roth Subtotal
Current Election 6 %
Desired Election %


NEW START AFTER TAX
Current Election 0 %
Desired Election %
(1% to 25% in increments of 1%)

After-tax Subtotal
Current Election 0 %
Desired Election %


Contribution Amount Total
Current Election 6 %
Desired Election %
(2% to 25%)





Your changes will generally take effect in 1 to 2 pay periods depending upon when your employer makes your requested payroll change.


Posted by Volvagia
Fort Worth
Member since Mar 2006
51919 posts
Posted on 2/11/13 at 9:48 am to
quote:

do you have the option of both a standard 401K and a Roth 401K?



Why would you want this?

The employer contributions into the Roth 401k is pretax like a standard 401k

So you get both in one within a Roth.
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