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 The fund accumulates tax-free until it is withdrawn.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 ‘Employer Contribution’
What Is A 401(K) Plan?
Posted by admin on July 25th, 2010
Posted in 401k Retirement Plan 
Tags: 401 K Contributions, Bond Funds, Company Contributions, Company Stock, Department Of Labor, Employee Benefits Security Administration, Employer Contribution, Garnishment, Internal Revenue Code, Money Market Fund, Pension Benefit Guaranty, Pension Benefit Guaranty Corp, Pension Laws, Personal Investment Plan, Retirement Plan, Stock Funds, Tax Exempt Organizations, Tax Money, Treasuries, What Is A 401 K Plan 
No Comments »Vesting and Your 401(k)
Posted by admin on July 17th, 2010
Do you have a 401(k) retirement account? Are you vested yet? Before you move on to your next job, it is critical for you to find out if you are fully vested in your retirement account before you make the move. If you are not, you could lose hundreds if not thousands of dollars in [...]
