Financial Terms

January 30, 2020

What is 401(k) Plan

A 401(k) Plan is a retirement plan designed by the US government and sponsored by the employer for an employee. The name of the plan is coined after a section of the US Internal Revenue Code. The plan...

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January 10, 2020

What is a 401 K Plan ? How does it work And Should I withdraw from my 401 k?

Retirement savings are taking a new turn in recent times compared to the traditional pension system. Through the 401(k) income earners or employees have a well-structured and more diversified retireme...