Meridianville, AL

Mon – Fri   9am-6pm

(256) 653-3189

butch@patrickrr.com

(256) 653-3189

butch@patrickrr.com

What Is a Designated Roth Account?

What Is a Designated Roth Account?

Many 401(k) plans allow taxpayers to make Roth contributions as long as the plan has a designated Roth account. Your plan may also allow you to transfer amounts to the designated Roth account in the plan or borrow money.