Check this out. Recently my employer made a big announcement to our 401k plan: We now have the choice to save our money under a Roth option if we want to! If you already have a Roth IRA, then you’re probably already familiar with how this would work. As a quick refresher, the Roth option basically means that: Your contributions to the 401k will be invested using after tax money (i.e. you’ll pay your taxes now rather than later) Your money still grows tax free just like it did in a regular 401k When you finally retire, you DON’T pay any taxes. When you weigh a traditional vs Roth 401k, the Roth is considered to be a good thing for you and your money for a lot of reasons. By paying your taxes now, you’ll enjoy a tax free … [Read more...] about Traditional vs Roth 401k – Is the Roth Really the Better Deal? Maybe Not!