Many companies now offer employer-sponsored Roth 401(k) retirement accounts alongside traditional 401(k) plans, giving employees another way to save for retirement. What’s the difference between the two accounts? And should you consider opening a Roth 401(k)?

Here we’ll take a look at how Roth 401(k) plans stack up against their traditional counterparts and what to consider before contributing to one.

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Source: Schwab.com

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