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  2. What is an after-tax 401 (k) and who should make ... - AOL

    www.aol.com/finance/tax-401-k-contributions-one...

    An after-tax 401(k) allows savers to put after-tax money into a 401(k) account, and that money can grow on a tax-deferred basis until retirement. When it comes time to take a distribution ...

  3. Can I Make After-Tax 401(k) Contributions? - AOL

    www.aol.com/tax-401-k-contributions-130044391.html

    Your employer may allow you to make after-tax 401(k) contributions. These are not tax-deductible like your regular 401(k) contributions, but you can make after-tax deferrals beyond the annual 401 ...

  4. 401(k) - Wikipedia

    en.wikipedia.org/wiki/401(k)

    The first implementation of the 401(k) plan was in 1978, about three weeks after Section 401(k) was enacted, before the Revenue Act of 1978 even went into effect. Ethan Lipsig, of the outside law firm for Hughes Aircraft Company, sent a letter to Hughes Aircraft outlining how it could convert its after-tax savings plan into a 401(k) plan. [6]

  5. A complete guide to 401(k) retirement plans: What is a ... - AOL

    www.aol.com/finance/complete-guide-401-k...

    Any 401(k) withdrawal that occurs before age 59 1/2, however, may be subject to an additional tax and a 10 percent penalty. Roth 401(k): Contributions are made with after-tax dollars, meaning you ...

  6. Here Are the Biggest 401(k) Mistakes Each Generation Is Making

    www.aol.com/biggest-401-k-mistakes-generation...

    A 401(k) loan is often a wiser play than an early withdrawal, which triggers income taxes, plus a 10% penalty tax if you're under age 59 1/2 at the time. These loans let you pay back what you ...

  7. The Unfortunate Truth About Maxing Out Your 401(k) - AOL

    www.aol.com/unfortunate-truth-maxing-401-k...

    Maxing out your 401(k) might be especially problematic if your employer only offers a pre-tax 401(k) and not an after-tax Roth 401(k). Pre-tax 401(k) plans are great if your tax rate will be lower ...

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