Roth 401k (Individual)
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Roth 401k (Individual) - - Rainey
A Roth 401K is a retirement savings plan that allows an individual to contribute after-tax dollars. The contributions and earnings can be withdrawn tax-free, subject to certain conditions.
Roth 401k (Business)
A Roth 401(k) is a retirement plan offered by employers, where employees contribute after-tax dollars. Unlike traditional 401(k)s with pre-tax contributions, taxes are paid upfront in a Roth 401(k), allowing tax-free withdrawals in retirement.
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