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What is a 401 (k) plan?

In Personal Finance - Retirement Planning - Asked by Admin - 15 months ago

A 401 (k) plan is a retirement plan that allows employees to set aside a part of their compensation into a special account that are tax deferred. Often the employer match contribution.

Answered by Admin - 15 months ago


Tags: 401(k) plan, 401k plan , personal finance, retirement planning, retirement, what is a 401 (k) plan?

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A very important aspect of personal finance is retirement planning. It is vital that you begin to plan for retirement early and have retirement accounts in your personal finance portfolio. If you are unsure about questions like "what is a 401 (k) plan?" or planning for retirement Zuuply.com can help with retirement planning advice and answers to your questions.



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