October 28, 2005

DailyAccess Corporation Offers Roth 401(k) Option

Mobile, AL –

Proposed IRS regulations issued on March 2, 2005 with an effective date of January 1, 2006 will allow participants in traditional 401(k) plans to designate all or part of their employee deferrals as Roth 401(k) contributions. Employers who sponsor 401(k) plans may elect (but are not required) to offer the Roth 401(k) option to participants in their plans. The proposed regulations also allow participants in 403(b) plans to make Roth 403(b) contributions to their traditional 403(b) plans under similar rules.

DailyAccess Corporation will be ready to support the Roth 401(k) option starting January 1, 2006.

Learn more about the Roth 401(k) option. (PDF Download)

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