401(k): Roth IRA
Option
By: Human Resources
Date: February 4, 2021
Avamere is excited to feature a Roth IRA option in our 401(k) investment program.
The Roth option in your Avamere Health Services 401(k) plan allows you to make after-tax contributions now and enjoy tax-free distributions later. It’s another way to add to your savings for the future you want.
Contributions made to a Roth IRA are taxed now versus the more traditional pre-tax contributions. What are the differences?
PRE-TAX
· Potentially lower your current taxable income
· Earnings grow tax-deferred
· Distributions are taxed as ordinary income
ROTH
· Pay taxes on contributions now
· Earnings grow tax-deferred
· Qualified distributions are tax-free
Login to your existing account and learn more.
Not enrolled yet? Please download the attached flyer for all of the benefits of a 401(k). You can easily get enrolled by reaching out to our 4019(k) administrator, Empower Retirement. They can also answer any questions you have about the program.
401(k): Roth IRA Option
By: Human Resources
Date: February 4, 2021
Avamere is excited to feature a Roth IRA option in our 401(k) investment program.
The Roth option in your Avamere Health Services 401(k) plan allows you to make after-tax contributions now and enjoy tax-free distributions later. It’s another way to add to your savings for the future you want.
Contributions made to a Roth IRA are taxed now versus the more traditional pre-tax contributions. What are the differences?
PRE-TAX
· Potentially lower your current taxable income
· Earnings grow tax-deferred
· Distributions are taxed as ordinary income
ROTH
· Pay taxes on contributions now
· Earnings grow tax-deferred
· Qualified distributions are tax-free
Login to your existing account and learn more.
Not enrolled yet? Please download the attached flyer for all of the benefits of a 401(k). You can easily get enrolled by reaching out to our 4019(k) administrator, Empower Retirement. They can also answer any questions you have about the program.
