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 The fund accumulates tax-free until it is withdrawn.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 ‘Tax Money’
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 »IRA vs. 401 (k)
Posted by admin on April 21st, 2010
Many people find all the options that are available when it comes to retirement planning to be quite confusing. If you are one of those this article is dedicated to explaining the differences between a 401 (k) plan and an IRA (Individual Retirement Account). There will be many terms you will come across during your [...]
Posted in 401k Retirement Plan Tags: 401 K Plan, 401 K Plans, Aids, Checks, Financial Advice, Financial Matters, Financial Retirement, Guidance, Individual Retirement Account, Ira Account, Iras, Mechanic, Mechanical Advice, Paycheck, People Find, Professional Financial Planner, Retirement Savings, Salary, Strengths And Weaknesses, Tax Money No Comments »
