Roth 401(K) Explanation

Jun 12, 2007 2 Replies

Company I work for doesn't (yet) offer Roth 401(K). Can some one explain what typical accounting is going to occur when, after 1/1/2008, they do? I heard something about the



*company's* contribution need to be tracked seperately because, unlike mine, there's some special handling or tax issues on those dollars, and indeed, there's usually TWO seperate components one has to keep track of (or, at least, will have the 401(K) administrator keep track of). I might be all wet here, as I said, I don't know.

Thanks!


-- Regards -


- Andrew



>
>
>
>
>
>
>
>
>

As I understand it, the only monies than can go into a Roth

401(k) are employ*ee* contributions (and the earnings on them). Employ*er* contributions will still have to go into a traditional 401(k), whether or not the employee contributes to one.

-- Rich Carreiro snipped-for-privacy@animato.info

As I understand it, the only monies than can go into a Roth

401(k) are employ*ee* contributions (and the earnings on them). Employ*er* contributions will still have to go into a traditional 401(k), whether or not the employee contributes to one.

-- Rich Carreiro snipped-for-privacy@animato.info

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required