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Roth 401(k)

A Roth 401(k) is a retirement savings plan for qualified employees.  Contributions are deducted from an employee's check after federal and state taxes are calculated. If the deduction is based on a percentage, we'll use the gross pay to calculate the amount that will then be deducted from the employee's net pay.

In some plans, the employer may also contribute by matching up to a certain percent of the employee's contribution. The maximum contribution an employee under 50 can make in 2018 is $18,500. If the employee is over 50 they may make an additional catch up contribution of $6,000.

Note: You can get a Roth 401(k) fully integrated with your Gusto account through our partner Guideline. Learn more here. If you have already have a Roth 401(k), you can add the benefit to your Gusto account for payroll purposes and any deductions will be left in your company bank account to be moved externally.

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