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Whats the difference between current retirement salary deferrals and Roth salary deferrals?

April 26, 2017deferrals retirement Roth salary

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Whats the difference between current retirement salary deferrals and Roth salary deferrals?

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Currently, salary contributions to a supplemental retirement account are made on a pre-tax basis. Contributions and earnings grow over time and are taxed when you make a withdrawal. Roth contributions are made after-tax and contributions and earning grow and are tax-free when withdrawn (subject to certain restrictions).