Comments on: Roth 401(k) – Is it Right for You? http://allfinancialmatters.com/2005/12/18/roth-401k-is-it-right-for-you/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Tue, 22 May 2012 02:48:27 +0000 hourly 1 http://wordpress.org/?v= By: Jon http://allfinancialmatters.com/2005/12/18/roth-401k-is-it-right-for-you/comment-page-1/#comment-45707 Jon Tue, 14 Nov 2006 16:16:26 +0000 http://www.allthingsfinancialblog.com/?p=233#comment-45707 It's almost a full year since Roth 401k became available. My company is finally enrolling in Roth 401k which will become available starting Jan 1st. I'd suggestion everyone check with their firms to see if anything's changed. It’s almost a full year since Roth 401k became available. My company is finally enrolling in Roth 401k which will become available starting Jan 1st. I’d suggestion everyone check with their firms to see if anything’s changed.

]]> By: Tom Foreman http://allfinancialmatters.com/2005/12/18/roth-401k-is-it-right-for-you/comment-page-1/#comment-1855 Tom Foreman Mon, 20 Feb 2006 15:30:25 +0000 http://www.allthingsfinancialblog.com/?p=233#comment-1855 Is the Roth 401k available to Individual "solo" 401k s? I.e. can a self employed business set one of these up for themselves? Is the Roth 401k available to Individual “solo” 401k s? I.e. can a self employed business set one of these up for themselves?

]]> By: JLP http://allfinancialmatters.com/2005/12/18/roth-401k-is-it-right-for-you/comment-page-1/#comment-816 JLP Mon, 19 Dec 2005 19:16:20 +0000 http://www.allthingsfinancialblog.com/?p=233#comment-816 RS, Yes, there are NO INCOME limits on the Roth 401(k), which differs from the Roth IRA with it's phase out. It would be up to your company, but yes, you can split your contributions between the traditional 401(k) and the Roth 401(k). The best thing to do is first find out whether or not your employer is going to offer the Roth 401(k). Then, if they do, you should sit down and figure what impact the Roth 401(k) will have on your taxes. This can be pretty easily done with Tax Cut software or Turbo Tax. RS,

Yes, there are NO INCOME limits on the Roth 401(k), which differs from the Roth IRA with it’s phase out.

It would be up to your company, but yes, you can split your contributions between the traditional 401(k) and the Roth 401(k).

The best thing to do is first find out whether or not your employer is going to offer the Roth 401(k). Then, if they do, you should sit down and figure what impact the Roth 401(k) will have on your taxes. This can be pretty easily done with Tax Cut software or Turbo Tax.

]]> By: Seattle Simplicity http://allfinancialmatters.com/2005/12/18/roth-401k-is-it-right-for-you/comment-page-1/#comment-810 Seattle Simplicity Mon, 19 Dec 2005 17:58:21 +0000 http://www.allthingsfinancialblog.com/?p=233#comment-810 My company has opted not to offer the Roth 401(k). Dang! My company has opted not to offer the Roth 401(k). Dang!

]]> By: RS http://allfinancialmatters.com/2005/12/18/roth-401k-is-it-right-for-you/comment-page-1/#comment-809 RS Mon, 19 Dec 2005 16:34:28 +0000 http://www.allthingsfinancialblog.com/?p=233#comment-809 Would the new Roth 401(k) also have different rules than a regular Roth IRA with regards to having to have under a certain AGI to contribute? For example, my wife and I will be close to the $150,000-$160,000 mark for a regular Roth. So, if I could instead put some money into the Roth 401(k) wihtout worrying about this, that would be great. Also, could I split my contributions between my current 401(k) and the new Roth 401(k) or are the exclusive? Thanks if you have any additional info. -RS Would the new Roth 401(k) also have different rules than a regular Roth IRA with regards to having to have under a certain AGI to contribute? For example, my wife and I will be close to the $150,000-$160,000 mark for a regular Roth. So, if I could instead put some money into the Roth 401(k) wihtout worrying about this, that would be great.

Also, could I split my contributions between my current 401(k) and the new Roth 401(k) or are the exclusive?

Thanks if you have any additional info.
-RS

]]> By: JLP http://allfinancialmatters.com/2005/12/18/roth-401k-is-it-right-for-you/comment-page-1/#comment-805 JLP Mon, 19 Dec 2005 04:57:46 +0000 http://www.allthingsfinancialblog.com/?p=233#comment-805 Neo, Some employers may elect not to offer the Roth 401(k) due to cost or lack of interest on their employees part. Neo,

Some employers may elect not to offer the Roth 401(k) due to cost or lack of interest on their employees part.

]]> By: Neo http://allfinancialmatters.com/2005/12/18/roth-401k-is-it-right-for-you/comment-page-1/#comment-804 Neo Mon, 19 Dec 2005 04:55:06 +0000 http://www.allthingsfinancialblog.com/?p=233#comment-804 Is there a reason that some employers haven't decided if they plan to provide this 401(k)? Neo Is there a reason that some employers haven’t decided if they plan to provide this 401(k)?

Neo

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