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401(k)
(redirected from 401k Plan)

   Also found in: Financial, Wikipedia 0.01 sec.
401(k)  (fôr-wn-k, fr-)
n.
A retirement investment plan that allows an employee to put a percentage of earned wages into a tax-deferred investment account selected by the employer. Also called salary reduction plan.


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Since it was established in 2004, Broad Financial has offered a range of flexible, updated self directed IRA's and Solo 401K plans for all working, retired, and self-employed Americans, through the Ultimate IRA[R] and the Broad Financial Solo 401K[R].
With new 401k fee disclosure and fee transparency initiatives under way, knowing how your 401k plan fees compare to an average is valuable information," says Joseph Valletta, co-author of the 401k Averages Book.
Greater rates of return are common for 401k plans than a typical government sponsored social security.
 
 
 
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