Which of the following statements regarding Roth 401(k) accounts is false?
A) Employees can make contributions to a Roth 401(k) .
B) Employers can make contributions to Roth accounts on behalf of their employees.
C) Qualified distributions from Roth 401(k) plans are not taxable.
D) Contributions to Roth 401(k) plans are not deductible.
Correct Answer:
Verified
Q45: Which of the following statements describes how
Q46: Which of the following is true concerning
Q47: Shauna received a distribution from her 401(k)
Q48: Which of the following best describes distributions
Q49: Which of the following statements comparing qualified
Q51: Shauna received a $100,000 distribution from her
Q52: Which of the following statements is true
Q53: Which of the following statements is true
Q54: Riley participates in his employer's 401(k) plan.
Q55: Riley participates in his employer's 401(k) plan.
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents