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Correcting Roth Deferrals made as Pre-Tax Deferrals

Many employees of a school district client elected to make a Roth 403(b) salary deferral, but they were all set up as regular pre-tax deferrals and no one caught this for six months. In MarketBeat, Susan Diehl tells us if the employees can change their election to pre-tax as a way to correct the situation.