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Old 08-13-2006, 06:56 PM   #46
alnorth alnorth is offline
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Join Date: Dec 2002
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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.
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.
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