Why Aren’t You Using Your Roth 401(k)?

Even though one in two employers now offer a Roth 401(k), the employee participation rate in these plans is below 10%. The Roth 401(k) is a retirement savings plan that represents a combination of features of the Roth IRA and a traditional 401(k) plan. But, it seems like many people don’t really understand the advantages of implementing a Roth 401(k) as part of their overall retirement strategy. This article from Marketwatch.com explains the features of the Roth 401(k), when it’s beneficial to use this plan or a traditional 401(k), or when to use both. Continue reading.