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Is 401k catch up pre tax?

Catch-up contributions are pretax for traditional 401 (k) accounts, but post-tax for Roth 401 (k)s. 401 (k) Catch-Up Contribution To make a 401 (k) catch-up contribution, you must be a “catch-up...

Are 401k plans permissible?

The ruling of a 401K Retirement Plan depends on the nature of the Funds in which the contributions are invested. If the contributions are invested in a Shariah Compliant Fund, the proceeds are permissible. And if the contributions are invested in a non-Shariah Compliant Fund, the proceeds are impermissible.


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