Roth 401(k) Options on the Rise

Roth 401(k) options are surging, with nearly 96% of plans now including this tax-free retirement savings choice. This shift, partly due to the Secure Act 2.0, allows high earners to make catch-up contributions on a Roth basis, potentially saving more for retirement without tax penalties. Plan ahead to ensure your retirement strategy aligns with your personal tax situation.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.