When it comes to building a seven-figure nest egg, one account type stands out above all the rest: A Roth 401(k). By virtue of its structure and thanks to new rules in place in 2024, a Roth 401(k) can be a tremendous way to both build a substantial retirement balance and to manage your money once you reach that goal.

Indeed, a Roth 401(k) has so much going for it that it is my favorite account for building a millionaire retirement. Here are four reasons why.

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Source Fool.com