Contributions are made in after-tax dollars to __________.

Name: Contributions are made in after-tax dollars to __________.
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Question

Contributions are made in after-tax dollars to __________. ​

Quizplus · Accepted Answer

Roth 401(k) plans are the only option listed that take after-tax contributions. The benefit of a Roth 401(k) is that the withdrawals in retirement are tax-free, whereas traditional 401(k) and IRA withdrawals are taxed as income. Additionally, Roth 401(k) plans do not have income limits, unlike Roth IRAs.

Contributions Are Made in After-Tax Dollars to __________