Roth 401(k) gaining acceptance | Pensions & Investments

September 15, 2021

Participants have also gravitated to the Roth 401(k) option. While only 13% choose the option when available, this is more the double the rate from a decade ago. Additionally, younger employees have been more apt to use the savings vehicle, with 16% of millennials who have the plan offered to them making contributions compared with 10% a decade ago.