A third of plan sponsors will offer Roth 401(k): Hewitt

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US - A third of plan sponsors say they are likely to offer Roth 401(k) accounts to employees when the legislation comes into effect on January 1 next year, according to Hewitt Associates.

Hewitt said 35% of plan sponsors are “likely or somewhat likely” to offer the accounts, created under EGTRRA (Economic Growth and Tax Relief Reconciliation Act of 2001). However Lori Lucas, dire...

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