The 401(k) retirement plan is funded by employee contribution and a matching employer contribution. The major feature of the plan is that the contributions are taken from pre-taxed salary. The fund accumulates tax-free until it is withdrawn. Most businesses and tax-exempt organizations can create these retirement plans.
The 401(k) takes its name from the IRC (Internal [...]
Posts Tagged ‘Company Stock’
What Is A 401(K) Plan?
Posted by admin on July 25th, 2010
Help Is on the Way for 401(k) Investors
Posted by admin on April 2nd, 2010
More employers are educating workers on 401(k) plans – from the benefits of tax-deferred growth to the importance of consistent saving. However, research shows that employees are still in the dark when it comes to investing their assets.
According to a recent study by human resources firm Hewitt Associates, most employees didn’t rebalance or re-allocate their [...]
401k Retirement Plans Explained
Posted by admin on February 8th, 2010
401k retirement plans are special types of accounts, financed through pre-tax payroll deductions. The funds in your account are invested in various ways. Your funds can be invested through any number of stocks, mutual funds, and other ways, and it is not taxed on any capital gains or interest until the money is pulled out [...]
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