Category: 401(k) plan

401(k) plan What is the 401(k) plan? rubengrcgrc

401(k) plan

What is the 401(k) plan? The 401(k) plan is a type of employer-sponsored retirement savings plan in the United States, which provides eligible employees with the opportunity to save for their retirement on a tax-advantaged basis. It derives its name from the corresponding section of the Internal Revenue Code, which regulates this specific type of […]