TREASURY ISSUES ROTH 401(K) RULES

The Treasury Department has issued rules aimed at dismissing some of the uncertainties around Roth 401(k) plans. The guidance outlines the details of how plans should operate, as well as simplifying their accounting treatment. The rules will also allow employers to consolidate Roth 401(k) holdings for an employee who had a Roth 401(k) with a former employer.

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