What is the Qualified Roth Contribution Program?

Starting in 2006, a 401(k) plan allowed an employee to contribute to a qualified Roth contribution program.

Under this program, an employee can designate all or a portion of his elective deferrals (contributions made through payroll deductions) as after-tax Roth contributions.

Participants receive distributions from a Roth tax free.

File your personal and small business taxes (Schedule C)