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  • 401K Plan
    A traditional 401(k) plan enables employees to make pre-taxed elective deferrals through their employer. Employers have the option of making contributions to the plan as well. The employer's contributions are subject must verify that deferred wages and employer matching contributions are equal and do not discriminate in favor of employees who make larger salaries. Employee and employer contributions may be vested over many years, which is often t Read More...
  • A Guide To 401K
    401K refers to a section in the Internal Revenue Code of the Federal government aimed at encouraging workers to establish retirement savings plans. This section was established in 1981. A 401K plan is actually a tax deferred investment and savings plan. Under this plan, an employee of a corporation or a private company is allowed to save and invest money for retirement purpose. A 401K Plan thus acts as a personal pension fund for employees of co Read More...
  • 2007 401K Contribution Limits
    An important aspect of investing is to always be aware of what amount you are allowed to contribute to your 401k account each year. 401k contribution limits change each year and there are two different 401k contribution limits you need to be aware of. The United States government sets the maximum limit allowable and your employer may also set their own 401k limits for their employees. In the last couple of years, the U.S. Government has begun to Read More...
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