John Beshears says it's important to know retirement implications of different 401(k) savings plans

NIA Aging Centers News Reference

In this piece, John Beshears compares the savings implications of 401(k) savings plans that tax at the time of contribution and those that do so upon withdrawal during retirement. He says "fewer than half" of those surveyed knew the difference between these plans, or realized that the Roth 401(k) "represents greater savings in terms of what you can buy."

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John Beshears (NBER)

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Additional Media Coverage:

"Are You Sure You Know the Difference Between a Roth 401(k) and a Traditional 401(k)?" - Main Street. 8/3/2015.

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