Roth 401(k) conversions draw little interest, experts say

01/29/2013 | MarketWatch

Congress has given retirement savers a chance to turn their 401(k) retirement plans into Roth savings accounts, but few individuals and plan sponsors appear interested, plan administrators say. Many people don't know how to determine whether they are better off paying taxes on their retirement investments now or later -- which is the difference between the two types of accounts, experts say. Other factors limiting interest are the lack of awareness of the change and a desire among plan sponsors to simplify options for employees.

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