A 401(k) is a retirement savings plan sponsored by an employer. It lets workers save and invest a piece of their paycheck before taxes are taken out. Taxes aren't paid until the money is withdrawn from the account.
A 401(k) is a retirement savings plan sponsored by an employer. It lets workers save and invest a piece of their paycheck before taxes are taken out. Taxes aren't paid until the money is withdrawn from the account.
Find out if your employer offers a 401(k) plan or other such defined contribution retirement plan. If you aren’t already enrolled, do so immediately.
If you are just getting started in your career, don’t make the mistake of thinking you’ll have plenty of time later to fund your retirement. Starting early is one of the best things you can do to ensure that you set aside enough to fund a comfortable retirement.
If you're wondering whether or not to invest in a 401(k) - spoiler alert! The answer is yes, you should. But first, you need to understand the 401(k) basics.
A qualified plan established by employers to which eligible employees may make salary deferral (salary reduction) contributions on a post-tax and/or pretax basis. Employers offering a 401(k) plan may make matching or non-elective contributions to the plan on behalf of eligible employees and may also add a profit-sharing feature to the plan.
Find out if your employer offers a 401(k) plan or other such defined contribution retirement plan. If you aren’t already enrolled, do so immediately.
If you are just getting started in your career, don’t make the mistake of thinking you’ll have plenty of time later to fund your retirement. Starting early is one of the best things you can do to ensure that you set aside enough to fund a comfortable retirement.
If you're wondering whether or not to invest in a 401(k) - spoiler alert! The answer is yes, you should. But first, you need to understand the 401(k) basics.
A qualified plan established by employers to which eligible employees may make salary deferral (salary reduction) contributions on a post-tax and/or pretax basis. Employers offering a 401(k) plan may make matching or non-elective contributions to the plan on behalf of eligible employees and may also add a profit-sharing feature to the plan.
