I have checked on line, but d not get the 100% answer I want to know for doing the tax....(why must the market make so many confusing things, why not make more distinct names??)
I never do any special things outside what my company offers. So, the the 401(K) plan that is offered by my employer, what KIND of 401(k) is it considered?
I know what is ROTH IRA and I do not have it. I see the words: traditional 401(K) and roth 401(K) in the market and in Turbotx software......... now I am confused. Is the traditional 401(K) the same as the regular 401(K) in the old days? or are they different? And foe my case, since I never open any additional accounts outside what my employer offers, I can just ignore any questions relates to ROTH 401(K) and ROTH IRA, correct?
