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When can employees start making designated Roth contributions to a designated Roth account?

April 26, 2017account contributions designated employees Roth

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When can employees start making designated Roth contributions to a designated Roth account?

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Legislation permits employees to make designated Roth contributions to 401(k) or 403(b) plans after December 31, 2005; however, the plan sponsor must amend the plan to add this feature by the end of the plan year in which the designated Roth contributions are first effective.