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Advantages of Making Salary Deferral 401k Contributions
5 Characteristics of your 401k
Effects of the Pension Protection Act of 2006 on Lump Sum 401k Distributions
Tax Increase Prevention & Reconciliation Act of 2005 and 401k Retirement Plans
What Happens to your 401k when you are Divorced?
Risks of Investing 401k Retirement Plan Savings in Company Stock
Become a Millionaire with your 401k Plan
Roth 401k - A Look at the Final Roth 401k Rules
Common Files
401k Retirement Plan
401k Rollover
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401k Calculator
401k Contribution Limits
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401k Saver's Tax Credit
Roth IRA Contribution Limits
Roth IRA Rules
IRA Rollover

401k Retirement Facts
401k Participants have seen growth rates of 50% over the past 7 years. Long Term Contributors saw their savings grow from $67,785 in 1999 to $102,014 in the year 2005.
Fact: Employee Benefit Research Institute and the Investment Company Institute (EBRI).

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Roth 401k FAQs Quiz - Test Your Knowledge

The questions in this quiz are taken from the page Frequently Asked Roth 401k Questions The quiz will tell you what questions you got wrong, and you can use the reference page to check up the correct answers.

1) Which of the following is the correct choice regarding pre-tax and after-tax 401k contributions:
a) Pre-tax contributions are made AFTER taxes while after-tax contributions are made BEFORE taxes have been paid.
b) Pre-tax contributions are made BEFORE taxes while after-tax contributions are made AFTER taxes have been paid.
c) Both have no effect on gross taxable income
d) None of the above
2) In Traditional 401k Retirement plans, contributions are made:
a) Pre-tax
b) After-tax
c) After tax refunds

3) In Roth 401k Retirement plans, contributions are made:
a) After tax refunds
b) Pre-Tax
c) After-Tax

4) The maximum 401k contributions you can make to both a Traditional 401k Plan and a Roth 401k Plan in 2006 is:
a) $10,000
b) $12,000
c) $14,000
d) $15,000
5) Roth 401k Contributions you make must remain in the plan for minimum ____ years in order for the lump-sum earnings to be tax-free at the time of withdrawal.
a) 4 years
b) 5 years
c) 6 years
d) 7 years
6) Withdrawals from a Roth 401k cannot be withdrawn by anyone less than the age of ___ years (unless you want to pay a 10% early-withdrawal penalty fee).

a) 50 years
b) 55 years
c) 58 years
d) 59 and 1/2 years

7) Retirement plans such as the Roth 401k, 457 plans and 403b plans do NOT affect social security benefits you will receive when you retire
a) True
b) False

8) Social Security benefits in USA upon retirement are expected to be at a rate of ___% of Gross Income:
a) 35%
b) 40%
c) 45%
d) 50%

9) 401k Catch-Up contributions are meant for people over the age of 50 that are allowed to contribute an additional $____ (in 2006) on top of their maximum limit of $15000.
a) $3000
b) $4000
c) $5000
d) $6000
10) Most companies require new employees to work for atleast ____ years before they are eligible for a 401k retirement plan:
a) 3-4 years
b) 2-3 years
c) 1-2 years
d) 6 months - 1 year

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