3 ms·

Roth 401(k)s (and traditional IRAs) do exist, you know...

• tcoppi 10y ago
  For taxation purposes, traditional tax-exempt IRAs are equivalent to 401(k)s, and Roth 401(k)s are equivalent to Roth IRAs. Whenever someone refers to contributing to one type of account or the other over another type of account, the ones that are equivalent are... equivalent(for taxation purposes).
  • hx87 10y ago
    Right, so the correct classification is traditional and Roth, not 401(k) and Roth.