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 The fund accumulates tax-free until it is withdrawn.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 ‘Internal Revenue Code’
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 »One Less Furrowed Brow For 401k Plan Sponsors
Posted by admin on April 30th, 2010
There was a sneak preview of the Dept of Labor’s preliminary guidance on setting up 401k default investment options. These situations occur when 401k participants fail to select an investment option for their 401k contributions or a 401k default fund is used in 401k plans with automatic enrollment features.
Currently, 401k plan sponsors are rethinking their [...]
Posted in 401k Retirement Plan Tags: 401k Contributions, 401k Plans, Automatic Enrollment, Default Fund, Dept Of Labor, Erisa, Fiduciary Responsibility, Furrowed Brow, Internal Revenue Code, Internal Revenue Code Section, Investment Decisions, Investment Option, Investment Options, Money Market Fund, Participant, Plan Fiduciaries, Plan Sponsors, Safe Harbor, Sneak Preview, Stable Value No Comments »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 [...]
Posted in 401k Retirement Plan Tags: 401k Plan, 401k Plans, 401k Retirement Plan, Array, Assets, Boss, Capital Gains, Company Stock, Counselors, Customization, Dividends, Flexibility, Internal Revenue Code, Mutual Funds, Payroll Deductions, Proportion, Retirement Plans, Retirement Savings, Selection Option, Tax Payroll No Comments »401(k) Retirement Plan
Posted by admin on January 16th, 2010
The cornerstone of retirement savings for many people today, the 401(k) plan is a savings vehicle that requires a hands-on approach which is why we are investing our time and money (intellect = money) in describing its features as fully as possible, so as for you to clearly understand and imbibe them. Ready? If [...]
Posted in 401k Retirement Plan Tags: 401 K Plans, Bond Funds, Cornerstone, Discipline, Funds Bond, Income Tax, Intellect, Internal Revenue Code, Investment Options, Looking To The Future, Multivitamins, Pauper, Paycheck, Pun, Retirement Plan, Retirement Savings, Semblance, Sheer Beauty, Stock Funds, Time And Money No Comments »
