Retirement Plans Overwhelmingly Offering Roth 401(k) Options

The Plan Sponsor Council of America has reported that the amount of 401(k) plans that now also have a Roth savings option grew to 86% in 2020, an 11% growth over 2019 and far surpassing the 49% of plans that offered it 10 years ago, reports CNBC. Roth savings accounts are an after-tax type of...