welcome
CNBC

CNBC

Business

Business & Economics

More than 90% of 401(k) plans now offer Roth contributions – but only 21% of workers take advantage

CNBC
Summary
Nutrition label

85% Informative

About 93% of 401(k) plans offer a Roth savings option to workers, up from 62% a decade ago .

A new law known as Secure 2.0 will require "catch up" contributions to be made to Roth accounts.

Choosing between Roth and pretax savings is essentially a tax bet.

VR Score

91

Informative language

94

Neutral language

77

Article tone

semi-formal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links