Which statement is true regarding $401(k)\text{'}$s and Roth $401(k)\text{'}$s$?$

$5$ pts

Contributions to $401(k)s$ are excludable in the year they are made, but distributions are taxable. Contributions to Roth $401(k)s$ are not tax deductible or excludable in the year they are made, but qualifying distributions are not taxable, subject to a couple of other provisions

Contributions to $401(k)s$ are taxable in the year they are made, but distributions are not taxable. Contributions to Roth $4010$ ks are tax deductible, and the distributions are not taxable

Contributions to $401(k)s$ are taxable in the year they are made, and distributions are taxable. Contributions to Roth $4010$ ks are not to deductible, but the distributions are not taxable

Contributions to Roth $401(k)$ s are excludible in the year they are made, but distributions are taxable. Contributions to $401(k)s$ are excludible in the year they are made, and the distributions are not taxable