Can I enroll in the Plan and make after-tax Roth contributions?
Yes. You can enroll and contribute to both a designated Roth after-tax source and a traditional pre-tax source in the same year in any proportion within the annual limit you choose. If you are already enrolled in the traditional pre-tax deferred compensation account you can add a Roth source using the Payroll Modification Form to designate your contributions.
Related Questions
- Since I make designated Roth contributions from after-tax income, can I make tax-free withdrawals from my designated Roth account at any time?
- Can I move after-tax contributions that I already have in the AEP Retirement Savings plan to the new Roth 401(k) account?
- Does electing Roth 403(b) after-tax contributions affect when I can take money from the plan?
