A 401(k) can be an effective retirement tool. Roth 401(k) contributions allow you to contribute to your account on an after-tax basis and pay no taxes on qualifying distributions when the money is withdrawn. For some investors, this could be a better option than the traditional 401(k) contributions, in which deposits are made on a pretax basis but are subject to taxes when the money is withdrawn. Use this calculator to help determine the option that could work for you and how it might affect your paycheck.
Evolve Retirement Plan Solutions
615 S. Main St. Suite B
Templeton, CA 93465