Help make Alexa smarter on Alexa Answers. Sign in with Amazon

Divers

What is four oh one k. mean?

1

The 401k is a savings plan in the U.S. where money is deducted from an employee's salary and is matched by the employer. It is often invested in mutual funds. It gets its name from subsection 401k of the Internal Revenue Code. There are two types: the traditional 401(k) and the Roth 401(k).

{{ relativeTimeResolver(1652308051530) }}

LIVE
points 22
Rating

Similar questions
Join Alexa Answers

Help make Alexa smarter and share your knowledge with the world

LEARN MORE

Join Alexa Answers

Help make Alexa smarter and share your knowledge with the world

LEARN MORE