HR Professionals Magazine

SEPTEMBER 2, 2021

You may be surprised, or not, to hear that some plans don’t even offer the Roth option. The key between a Traditional or Roth 401(k) boils down to when the participant will pay taxes. A good rule of thumb is the younger you are, the more beneficial a Roth 401(k) can be.

Retirement Plan 52

Retirement Plan roth 401(k) 401(k) Taxes 52

Empuls

JULY 11, 2023

Additionally, Roth retirement accounts offer unique tax advantages. Contributions to Roth 401(k)s or Roth IRAs are made with after-tax dollars, meaning they are not tax-deductible upfront. It is crucial for employers to stay updated with IRS guidelines and consult with tax professionals to ensure compliance.

Employee Benefits 40

Employee Benefits roth 401(k) Flexible Spending Account 401(k) 40

Vantage Circle

NOVEMBER 23, 2023

Honeywell offers a flexible 401(k) plan, allowing employees to contribute up to 30% of their eligible pay in pre-tax, Roth 401(k), or after-tax contributions. Additionally, employees benefit from Teladoc services, allowing them to consult with a physician 24/7 for any health-related queries.

Family and Medical Leave Act 65

Family and Medical Leave Act 401(k) Retirement Plan roth 401(k) 65

Flimp Communications

OCTOBER 25, 2024

Here are a few email templates — yours for the taking and adapting — designed to improve employee financial wellness by answering three common questions about money, savings, and taxes: Should I consider a Roth 401(k)? Subject line: Roth vs. Traditional 401(k): Which Is Right for You?

roth 401(k) 52

roth 401(k) 401(k) Flexible Spending Account Taxes 52