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25 08, 2017

What Is A 401(k) & How Does It Work?

By |2017-08-31T14:46:16+00:00August 25th, 2017|investing|0 Comments

First Things First: What Is A 401(k)? Named for its governing section of the U.S. tax code, a 401(k) retirement savings plan is an employer-sponsored investment tool that allows workers to invest an adjustable portion of each paycheck without paying taxes until funds are withdrawn. Now a linchpin of long-term financial planning, these accounts emerged [...]