Roth 401(k) Plan
Term · Finance and investing · MLC-T-FIN-000329
An employer-sponsored Roth 401(k) plan is similar to a traditional plan with one major exception. Contributions by employees are not tax deferred but are made with after-tax dollars. Income earned on the account from interest, dividends, or capital gains, is tax-free.
| Identifier | MLC-T-FIN-000329 |
|---|---|
| Field | Finance and investing |
| References | SEC Investor.gov Glossary |
Record as JSON
{
"id": "MLC-T-FIN-000329",
"term": "Roth 401(k) Plan",
"field": "Finance and investing",
"definition": "An employer-sponsored Roth 401(k) plan is similar to a traditional plan with one major exception. Contributions by employees are not tax deferred but are made with after-tax dollars. Income earned on the account from interest, dividends, or capital gains, is tax-free.",
"references": [
"SEC Investor.gov Glossary"
],
"url": "https://mlchart.com/terminology/finance/roth-401-k-plan/"
}
Record 329 of 398 in Finance and investing terminology (MLC-0118). Request the full dataset.