Is a Designated Roth a traditional IRA or a Roth IRA?

mamasita4182017 — Tue, 04 Jun 2019 21:01:22 GMT

No, not exactly. There is a subtle distinction between a...

CalCountry — Tue, 04 Jun 2019 21:01:24 GMT

No, not exactly. There is a subtle distinction between a "designated Roth account" and a "Roth IRA account." A designated Roth account is one associated with a 401(k), 403(b), or 457(b) plan. There are both advantages and disadvantages of a designated Roth account compared to a normal Roth IRA account. A good description from the IRS website is at:
https://www.irs.gov/retirement-plans/designated-roth-accounts-contributing-to-a-designated-roth-acco...

topic Is a Designated Roth a traditional IRA or a Roth IRA? in Retirement tax questions

Is a Designated Roth a traditional IRA or a Roth IRA?

No, not exactly. There is a subtle distinction between a...