401


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401(k)

 (fôr′ō-wŭn-kā′)
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.

401(k)

(ˈfɔrˌoʊˈwʌnˈkeɪ, ˈfoʊr-)
n.
a savings plan that allows employees to contribute a fixed amount of income to a retirement account.
References in classic literature ?
If you turn back to page 401 you can compare this with Milton's own version.
401 (a)(17), as amended by the Revenue Reconciliation Act of 1993.
401 (a)(17) imposes a limit on the wage base that can be used in a qualified benefit formula.
However, in the case of a direct rollover from one Roth 401 (k) plan to another, the five-year period of participation for the receiving plan would begin on the first day of the employee's tax year for which he or she made designated Roth contributions to the transferring or receiving plan, whichever is earlier.
Invest up to the maximum allowed in a 401 (k) or 403(b), For additional higher education costs, invest in any state's section 529 college savings plan and/or a Coverdell account.
Even though our agents are considered independent contractors, through benefit programs such as the 401 (a) plan, we.
5 million workers will participate in approximately 310,000 401 (k) plans with total assets of $1 trillion.
Helping participants become investors will be the primary purpose of the next generation of defined-contribution products, particularly 401 (k) plans.
Your goal is to make an effective, high-impact presentation so they'll buy into your 401 (k) plan.
Lau, who was chairwoman of the AICPA task force on 401 (h) plans.
Today, 41% of the 24 million Americans covered by 401 (k) plans can invest all or part of their nest egg in company shares.
The solution: a 401 (k), by far the most popular savings and retirement benefits program.