Insurance Definition: 401(K) PLAN

By Compuquotes Team on March 27th, 2008

401(K) PLAN:


  • An employer-sponsored retirement savings plan funded by employee contributions, which may or may not be matched by the employer. Federal laws allow employees to invest pre-tax dollars, up to a stated maximum each year.

Information provided by Insurance Information Institute

Featured Insurance Quote
Facebook 470 flares Google+
470 flares ×