401(k) Plan
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A 401(k) Plan is a organization employee investment plan that works within the 401k Program (a U.S.-based tax-qualified defined contribution investment plan defined in subsection 401(k) of the IRS tax code).
- Context:
- It can (often) be sponsored by the Employer.
- …
- Example(s):
- Counter-Example(s):
- See: Pension, Tax Deferral, U.S. Social Security, Individual Savings Account, Mutual Fund.