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Solo 401(k)


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Posted

Has anyone heard of any proposed regulation or future changes that would allow this plan to be treated as the Roth IRAs for tax purposes instead of the traditional deferral method.

Posted

Effective after 2005, employers may allow employees to make "Roth" contributions to 401(k) or 403(B) plans. An employee would be taxed immediately on such contributions, but (as with Roth IRAs), both the contributions and earnings generally would not be subject to tax upon distribution from the plan.

CBW

Posted

Thanks, that is consistent with information I got from one other source but they were not very confident. Thanks again.

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