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.

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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.

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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.

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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?

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