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What is a 401 k retirement plan?

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it is a retirement plan wherein employees have a right to agree to a reduction in salary in exchange for a comparable employer contribution to a qualified trust. The amount deferred and accumulated investment earnings are excluded from current income and are taxed only when distributed.
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What is 401 k plan?

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What is 401 K or 401 B?

Both are retirement savings plans in US ONLY. Check related links if you want to read more.

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