Bob Brinker's Marketimer

  Tuesday November 21, 2017

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TAX-FREE CONTRIBUTIONS MAKE THE 401(k) POPULAR
Learn even more about this topic with the Encyclopedia of Personal Finance™

The 401(k) is a very popular retirement plan because both employers and employees can contribute without taxation.  It is becoming more popular with employers who want to offer retirement benefits but who cannot afford a traditional defined benefits plan.

There are many variations on the 401(k) plan formula that make the plan flexible enough for almost any employer.  The plan distribution options also make it very attractive to employees who may or may not remain with the same employer until retirement age.

This concludes the tutorial on 401(k) plans. For more information on related topics, check out other tutorials in the retirement planning section. Click here to learn even more about this topic with the Encyclopedia of Personal Finance™




LEARN EVEN MORE WITH THE ENCYCLOPEDIA OF PERSONAL FINANCE. CLICK HERE!

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