Solved
Is a Designated Roth a traditional IRA or a Roth IRA?
No text available
No, not exactly. There is a subtle distinction between a "designated Roth account" and a "Roth IRA account." A designated Roth account is one associated with a 401(k), 403(b), or 457(b) plan. There are both advantages and disadvantages of a designated Roth account compared to a normal Roth IRA account. A good description from the IRS website is at:
https://www.irs.gov/retirement-plans/designated-roth-accounts-contributing-to-a-designated-roth-acco...
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
