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View Full Version : What is 401(k)

Whitneyblayne
Oct 18, 2007, 08:09 PM
What is 401(k)? Considering a new job that offers 401(k) as a benefit. What exactly is it?
Too Short
Oct 18, 2007, 09:44 PM
A standard tax deferred retirement plan. A set percentage of an employee's wages is contributed on a pretax basic.