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Retirement tax questions
Profit sharing (employer) contributions are not permitted to be made to the designated Roth account in a 401(k). They are permitted to be made only to the traditional account in the 401(k). Only elective contributions made by the shareholder from compensation as employee are permitted to be made to the Roth account and are reported on the employee's W-2.
‎September 16, 2019
5:03 AM
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