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What is a 401(k) plan? - Practical Money Skills


The most common types of employer-sponsored retirement savings plans are called 401(k), 403(b) or 457 plans – so named for the Internal Revenue Service ...

401(k)s Plans - Ultimate Guide to Retirement - CNN Money


A 401(k) plan is the most common kind of defined contribution retirement plan. Here's how it works.

401(k)s Made Easy: The 7 Things You Really Need to Know ...


Dec 17, 2013 ... Simply put, a 401(k) is a way for an employee (you!) to contribute money to an account, most often pre-tax. You can choose different plans and ...

401(k) Plan Definition | Investopedia


Employers offering a 401(k) plan may make matching or non-elective contributions to the plan on behalf of eligible employees and may also add a profit-sharing ...

It allows employees to have a certain percentage of their salary deducted and invested in the plan. The deduction is pre-tax, so current income tax is reduced. The plan usually has a number of mutual funds where the employee can designate his deduction be applied. More »
By Ken Little, About.com Guide

What is a 401k Retirement Plan? A Quick Overview ...


Lots of talk and dicussion about 401k retirement plans and their rules, but what are they?

The Basics Of A 401(k) Retirement Plan - Investopedia


May 21, 2015 ... Since its inception in 1978, the 401(k) plan has grown to be the most popular type of employer sponsored retirement plan in America. Millions ...

What Is a 401(k)? - Personal Finance - WSJ.com


A 401(k) is a retirement savings plan sponsored by an employer. It lets workers save and invest a piece of their paycheck before taxes are taken out.

Company Match - 401k Employee Employer Contribution


Some employers match part or all of their employees' 401k retirement account contributions. Employers ... The Role of The Company Match in Your 401(k) Plan.

Understanding 401(k) basics - Empower Retirement™


Nov 1, 2014 ... One of the distinguishing characteristics of a 401(k) retirement plan is how much employee involvement there is, particularly at the start.

Popular Q&A
Q: Can someone explain a 401K plan in lame,simple terms?
A: The above responses have some very good points. There is no one that will be more interested in your financial situation than you, that is why you should have a... Read More »
Source: answers.yahoo.com
Q: Can you briefly explain to me the different 401K plans?
A: As soon as you can, start contributing. Put in at least as much as they will match. Typically, they will match 50 cents for every dollar you put in up to 6% of ... Read More »
Source: answers.yahoo.com
Q: What Is a 401k Plan?
A: History The Internal Revenue Service approved the use of the 401k plan in 1981. How it Works Each month, the employer deducts a specified amount from the employ... Read More »
Source: www.ehow.com
Q: What is a 401k plan?
A: A 401(k) plan is a "savings" plan that allows an employee to put aside money from his paycheck before any taxes are calculated on it. In other words, there are ... Read More »
Source: wiki.answers.com
Q: What Is a 401K Retirement Plan?
A: 401k plans are beneficial to both the employer and the employee. Employers are able to make tax-advantaged contributions on behalf of their employees so that th... Read More »
Source: www.ehow.com