Page 65 - Wages, Salaries and Other Earnings
P. 65
Retirement Plan Contributions
Designated Roth Contributions
• Employers with section 401(k) and section 403(b)
plans can create qualified Roth contribution
programs so that you may elect to have part or all of
your elective deferrals to the plan designated as
after-tax Roth contributions.
Designated Roth Contributions
• Designated Roth contributions are treated as elective
deferrals, except that they’re included in income at
the time contributed.
Designated Roth Contributions
• Verify with your employer for available options for
contributing to Roth.
