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Roth Individual 401(k) Employer Profit Sharing Contributions

Summary by schwab.com
Roth Individual 401(k) Employer Profit Sharing Contributions kathryn.thorson Thu, 02/27/2025 - 15:52 Roth Individual 401(k) Employer Profit Sharing Contributions- When the EMPLOYER contributes to a Roth Individual 401(k), it is generally classified as a business expense and taken as a tax deduction on the business' tax return for the year allocated.- The tax implications for EMPLOYEES are very different. In the year an employee receives a Roth c…
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schwab.com broke the news in on Thursday, February 27, 2025.
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