Quote:
Originally Posted by chiefsplanet
401k's through TRP are only pre-tax as are many others. I had post tax money in one on a catchup and when I changed jobs the post tax money came back to me and I was informed that only pre-tax monies could be invested.
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k, then shortbuskid may have been confused, because Roth 401k's do exist, though they are so new that many employers do not yet offer them.
The point I was making is that if you contribute to a Roth 401k or Roth IRA, you pay tax now and pay nothing when you retire unless you take money out early.