Quote:
Originally Posted by MonkeyMama
No. If it's funded after taxes, it's a ROTH 401k, plain and simple.
I do agree with Jim, that this person likely has no idea what they are talking about. IT could be a regular 401k and they just don't understand that it's funded pre-tax.
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MM-
Some 401ks allow non deductable contributions similar to a traditional IRA with no tax deduction. I have only read about them, and have never seen one, so its possible I am out of line here....
It could be funded after taxes and not be a Roth unless you can prove I am wrong. I did not agree with your wording of response I quoted here.