Enrollments and Roth use climb in Q2; 1,684 participants now using Roth option
Nationwide reported 167 new enrollments in the quarter and about $18 million held as Roth (after-tax) balances with 1,684 participants electing Roth contributions; staff outlined where employees can enroll and how catch-up rules apply to high earners.
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Nationwide reported an increase in both new participants and Roth-account adoption in the second quarter. "Brenda had 167 enrollments for that period of 3 months," John Stakel said, noting year-to-date enrollments exceed 300.
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