Filed Under:Markets, Employee Benefits

NAGDCA: Few gov’t plan participants contribute to a Roth

Nearly one in three government-sponsored defined contribution plans feature a Roth individual retirement account and 10 percent boast in-service Roth conversions, but less than 5 percent of plan participants contribute to a Roth account, new research shows.

The National Association of Government Defined Contribution Administrators, discloses this finding in a survey of 136 government defined contribution plans covering 1.9 million active participants. Most of the plans examined are 457 plans, but they also include 401(k) plans, 401(a) plans and 403(b) plans.

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Nichole Morford

Nichole Morford
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