Traditional 401(k)

  • Contribute pre-tax
  • Withdrawals are taxed
  • Contribute up to $19,500 per year, $26,000 for workers over 50
  • Employer match
  • Fewer options for mutual funds
  • Must start withdrawing at 70½

Roth 401(k)

  • Contribute post-tax
  • Tax free growth
  • Growth and withdrawals are not taxed
  • Same contribution limit as Traditional 401(k)
  • Employer match
  • Can only participate…

Todd Yamakawa

Passionately Curious 🤯 Born and Raised in Hawaii 🤙 Computer Engineer 💻 Husband and Father 👨‍👧 Food Lover 🍜

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