Many years ago (many, many) when I started my first “real” job out of college I had the opportunity to contribute to a 401(k) plan. I was young and at the time was more focused on my new paycheck, rent, entertainment systems and of course having a cool car – you know the really important […]
401(k)
What is a 401(k) – Save for Retirement Paycheck to Paycheck
What is a 401(k)? 401(k) plans are employer-sponsored plans that provide their employees with the opportunity to save for retirement. If you contribute to a plan your contributions are generally tax-deferred until you decide to withdraw the funds at retirement. Your 401(k) plan is a retirement plan that is qualified […]