Roth 401(k)s Are Everywhere: How to Know If You Should Switch

Roth 401(k)s are becoming more common, with 95.6% of 401(k) plans offering this option as of 2024. Starting in 2027, high earners will need to make catch-up contributions on a Roth basis due to a 2022 federal law. This change may affect retirement savings strategies, especially for those anticipating higher tax brackets in retirement.