Comments on: What is a Roth 401(k)? 6 benefits you might care about…

By: Latest 401k news - How to Deal With a 401(k) Plan That Sucks | 401K

Latest 401k news - How to Deal With a 401(k) Plan That Sucks | 401K — Tue, 06 Oct 2009 23:48:44 +0000

[...] What is a Roth 401(k)? 6 benefits you might care about… [...]

By: Mark

Mark — Sun, 12 Jul 2009 13:59:08 +0000

Check out http://thefinancebuff.com/2008/03/case-against-roth-401k.html

He makes some very strong arguments against the Roth 401(k), even if you accept that the Congress will not diminish the tax-free status of Roths.

By: This week’s financial blog reading » JoeTaxpayer

This week’s financial blog reading » JoeTaxpayer — Thu, 09 Jul 2009 04:32:35 +0000

[...] hosted Jay Peroni’s What is a Roth 401(k)? 6 benefits you might care about… an overview of the Roth 401(k). If your employer offers the Roth 401(k), you should read this [...]

By: Money Hacks Carnival, Staying Cool Edition | The Personal Finance Playbook

Money Hacks Carnival, Staying Cool Edition | The Personal Finance Playbook — Wed, 08 Jul 2009 12:42:16 +0000

[...] presents Benefits of a Roth 401k? posted at Money in the Bible | Christian Personal Finance [...]

By: What is a Roth 401(k)? 6 benefits you might care about… | The Wealthy Soul

What is a Roth 401(k)? 6 benefits you might care about… | The Wealthy Soul — Sat, 04 Jul 2009 02:39:21 +0000

[...] more from the original source: What is a Roth 401(k)? 6 benefits you might care about… Share and [...]

By: Kevin at OutOfYourRut

Kevin at OutOfYourRut — Thu, 02 Jul 2009 16:14:08 +0000

Bob, this is a timely post. From the experience of my spring tax prep sideline, Roths are taking off, especially among higher income taxpayers.

The advantage that you can take the money out without incurring tax and a penalty on the principal, even in advance of retirement, is major. With IRA’s, 401ks and other retirement vehicles you’re locked in unless you want to take the big tax haircut. Roths give you greater control over the money in the short run, which could become a crucial option. They aren’t a pure retirement accounts (but can be of course).

Right now more than a few people are finding they need to take the withdrawl option to cover lost cash flow.

Another advantage is that you can make Roth contributions even if you have a retirement plan in place. This is especially important if you’re over 50 and are a little light on retirement provisions.