Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

5 Surprising Differences Between Roth IRAs and Roth 401(k)s


Even if you know nothing about retirement accounts, you could probably guess that Roth IRAs and Roth 401(k)s have something in common. They're both funded with after-tax dollars, which means you pay taxes on your contributions in the year you make them. In exchange, you're allowed tax-free withdrawals in retirement.

But beyond this, the two accounts actually have a lot of differences. Here are five of the most important you should know if you plan to keep Roth savings for retirement.

Image source: Getty Images.

Continue reading


Source Fool.com


Comments