Started By
Message

re: Roth IRAs or what?

Posted on 1/20/14 at 10:37 pm to
Posted by CubsFanBudMan
Member since Jul 2008
5097 posts
Posted on 1/20/14 at 10:37 pm to
401k and Roth have different tax rules. 401k is pre-tax, and Roth is after-tax. The earnings for each follow the contributions, assuming distributions are not taken premature. All money taken out of a 401k is taxed when withdrawn. All Roth earnings are tax free.

When rolling over from a pre-tax plan (401k) to an after tax plan (Roth), taxes must be paid on the amount rolled over.

How much is in your 401k, and what tax bracket are you in?
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram