Statements (47)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:urban_area
|
| gptkbp:allows |
after-tax contributions
in-service withdrawals under certain conditions |
| gptkbp:can_be_combined_with |
traditional 401(k) contributions
|
| gptkbp:can_be_rolled_over_to |
gptkb:Roth_IRA
|
| gptkbp:can_be_used_for |
first-time home purchase under certain conditions
|
| gptkbp:can_include |
investment options like stocks and bonds
|
| gptkbp:established_in |
employers for employees
|
| gptkbp:facilitates |
individuals save for retirement
|
| gptkbp:governed_by |
IRS regulations
|
| gptkbp:has_catch-up_contribution_limit_of |
$6,500 for individuals over 50
|
| gptkbp:has_contribution_limits_of |
$20,500 for 2022
|
| https://www.w3.org/2000/01/rdf-schema#label |
Roth 401(k) Plan
|
| gptkbp:is_a_choice_for |
wealth accumulation
tax planning strategies |
| gptkbp:is_a_flexible_option_for |
retirement planning
|
| gptkbp:is_a_plan_that |
can be beneficial for estate planning.
can help reduce taxable income in retirement |
| gptkbp:is_a_relatively_new_option_since |
gptkb:2006
|
| gptkbp:is_a_retirement_plan_that |
offers flexibility in contributions
|
| gptkbp:is_a_tool_for |
financial independence
|
| gptkbp:is_a_type_of_account_that |
grows tax-free
|
| gptkbp:is_a_way_to |
diversify tax exposure in retirement
|
| gptkbp:is_affected_by |
market fluctuations
income limits for contributions |
| gptkbp:is_available_in |
employers
self-employed individuals without a business entity |
| gptkbp:is_beneficial_for |
younger workers
|
| gptkbp:is_designed_for |
long-term retirement savings
|
| gptkbp:is_designed_to |
financial security in retirement
|
| gptkbp:is_different_from |
gptkb:Roth_IRA
a pension plan |
| gptkbp:is_often_compared_to |
traditional 401(k) plan
|
| gptkbp:is_often_used_in |
financial advisors
|
| gptkbp:is_part_of |
a diversified retirement strategy
the Employee Retirement Income Security Act (ERISA) |
| gptkbp:is_popular_among |
high-income earners
|
| gptkbp:is_subject_to |
required minimum distributions (RMDs)
|
| gptkbp:is_subject_to_penalties_for |
early withdrawals before age 59½
|
| gptkbp:may_have |
employer matching contributions
|
| gptkbp:offers |
tax-free withdrawals
|
| gptkbp:often_includes |
employee benefits packages
|
| gptkbp:provides |
potential for tax-free growth
|
| gptkbp:requires |
earned income for contributions
|
| gptkbp:type_of |
qualified retirement plan
|
| gptkbp:bfsParent |
gptkb:401(k)_Plan
|
| gptkbp:bfsLayer |
5
|