Tag: Roth 401(k)

Compliance May 17th, 2023

NAGDCA: Roth Catch-Ups Will Be Major Issue for Government Plans

This is the second time in three months the advocacy group has warned federal regulators and appealed for assistance.

Practice Management April 23rd, 2023

As SECURE 2.0 Changes Loom, Plan Sponsors Need Prep, Advice

SECURE 2.0 gives advisers ample opportunity to connect with plan sponsors to ensure they are ready for both mandatory and optional plan changes.

PLAN DESIGN | Participants

Take It Past the Limit

Voluntary after-tax retirement savings accounts as a design feature.

Data & Research June 13th, 2019

Nearly Half of Vanguard Plans Use Automatic Enrollment

At year-end 2018, 66% of new plan entrants were enrolled via automatic enrollment.

Investment-Oriented

The Case for Roths

These 'delayed gratification' plans offer benefits worth waiting for

Intro

Right-Sizing

Ensuring that all clients are profitable.

Trendspotting

Roth Conversions

Participants can more their entire balance or a portion of it

June 4th, 2018

Roth Conversions Part of the Tax Diversification Tool Belt

Under IRS guidance, participants can select to convert their entire pre-tax balance or a portion of it; they often have a lot of questions about the right amount to convert, and when to make the move.

May 7th, 2018

Retirement Taxes Can Derail DC Plan Participants’ Progress

“There are strategies of rolling some amount of traditional 401(k) dollars over into a Roth IRA that are potentially advantageous, especially if you have a couple of years where your income is lower,” observes Angie O’Leary, head of wealth planning at RBC Wealth Management. “Having tax diversification available down the line is really helpful in building that paycheck in retirement.”

Data & Research March 23rd, 2018

Plans Offering Roth Accounts Have Doubled in the Past Decade

Sixty-three percent of retirement plans now offer them, the Plan Sponsor Council of America found.

Data & Research February 26th, 2018

Sponsors Making Deliberate Enhancements to Retirement Plans

Concerned that workers are not saving enough, employers are hoping to improve their financial security, Willis Towers Watson found in a survey.

Compliance December 11th, 2017

Pass-Through Tax Reform Impact on Small Businesses May Be Mitigated via Roth

The American Retirement Association says that tax reform could be a disincentive for small businesses to offer retirement plans; however, as one reader shares, there are counter considerations having to do with Roth 401(k) options that could mitigate some of the concern.