Preparing For Roth 401(K) Plan Accounts

Starting in 2006, plan sponsors can allow participants to make after‑tax Roth contributions to 401(k) or 403(b) plans through a qualified Roth contribution program. Roth contributions are available under new Internal Revenue Code (the "Code") section 402A, which was added by the Economic Growth and Tax Relief Reconciliation Act of 2001 ("EGTRRA").