Here is the beginning of the article.
New Roth 401(k) Plans Target High-Income Earners
By JANE J. KIM Staff Reporter of THE WALL STREET JOURNAL March 30, 2005; Page D2
"Individuals who make too much money to contribute to a Roth individual retirement account may get a new opportunity to do so next year.
Earlier this month the Treasury Department and the Internal Revenue Service released proposed regulations that provide guidance on how employers can add Roth 401(k) accounts, created as part of the 2001 tax law, to their plans starting January 2006. The new accounts will combine features of traditional Roth IRAs with those of 401(k)s.
As with Roth IRAs, individuals pay income taxes on contributions upfront but can withdraw those contributions and earnings tax-free after age 59½, provided they have held the account for at least five years. In contrast, contributions to a 401(k) are made with pretax dollars, which immediately reduces their taxable income, and withdrawals are later taxed as ordinary income."