Planning your dream retirement? Your retirement income can vary widely depending on what type of account holds your savings and what assumptions you make about return and tax rates during the accumulation and withdrawal periods.
Roth 401(k) is similar to regular 401(k) except that contributions to the Roth account go in after-tax, and withdrawals in retirement are tax-free. This retirement calculator by Wiser Advisor can help you compare employee contributions to the new after-tax Roth 401(k) and the current tax-deductible 401(k) assisting you make confident decisions.
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