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    Whitneyblayne's Avatar
    Whitneyblayne Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Oct 18, 2007, 08:09 PM
    What is 401(k)
    What is 401(k)? Considering a new job that offers 401(k) as a benefit. What exactly is it?
    Too Short's Avatar
    Too Short Posts: 85, Reputation: -1
    Junior Member
    		  
    #2

    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.
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