Unlocking the Truth About After-Tax 401(k) Accounts
The 401(k) retirement plan has evolved significantly over the years, providing American workers with various ways to save for their golden years. Among these options, the after-tax 401(k) contributions stand out as a lesser-known but potentially beneficial choice. Many workers choose to make pre-tax contributions, but some individuals may benefit more by making after-tax contributions. It’s important to note that there is a difference between after-tax 401(k) and Roth 401(k). While both use after-tax dollars, …