As the name suggests, a Roth 401(k) combines features of the traditional 401(k) with those of the Roth IRA. It’s offered by employers like a regular 401(k) plan, but as with a Roth IRA, contributions are made with after-tax dollars. While you don’t get an upfront tax-deduction, the account grows tax-free, and withdrawals taken during retirement aren’t subject to income tax, provided you’re at least 59 1/2 and you’ve held the account for five years or more.
The Roth 401(k) can offer advantages to high-income individuals who haven’t been able to contribute …

Most student loans fall under either being subsidized or unsubsidized. Like any debt instrument, you will be charged interest for the amount of debt you have outstanding. On Stafford Loans, the most common among Ameican Universities, the interest rate is 6%. The difference between subsidized and unsubsidized loans is that unsubsidized loans start charging you interest from the moment you receive the loan, and is added to the loan amount if not paid.
For example, you receive a student loan on Sept. 1st for $10,000 with a 6% interest rate. You will have …