MLchartDataset catalogue

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.

Table 1. Record
IdentifierMLC-T-FIN-000329
FieldFinance and investing
ReferencesSEC 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.