Boom! There’s Potential Wealth in Roth 401(k) Plans for Solopreneurs

As a solopreneur, saving for retirement is crucial. Roth 401(k) plans offer a unique, tax-savvy solution to help you achieve your financial goals. In this article, we’ll explore the benefits of Roth 401(k) plans and how they can work for you.

What is a Roth 401(k) Plan? A Roth 401(k) plan is a retirement savings plan that combines the features of a traditional 401(k) plan with those of a Roth IRA. Contributions are made after-tax, but qualified withdrawals during retirement are tax-free.