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401(k)
(redirected from 401ks)

   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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I see too many families struggling through this awful economy, tragically burning through savings and 401Ks, just trying to pay off old debt or keep up with overvalued homes - when I could painlessly remove those debts and burdens virtually overnight," says Siderman.
com)-- Banks, brokers and financial planners do not tell the investing public all the facts about tax deferred investing, college savings plans and the coming tax system overhaul's affect on 401ks, IRAs and Roth accounts.
Perks include travel expenses, housing, benefits such as health insurance and 401ks, and help with obtaining licensing in different states.
 
 
 
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