The letter k refers to a sub-section of Section 401 of Internal Revenue Code.
In 1978, Congress amended the Internal Revenue Code by adding section 401(k), whereby employees are not taxed on income they choose to receive as deferred compensation rather than direct compensation.
The law went into effect on January 1, 1980, and by 1983 almost half of large firms were either offering a 401(k) plan or considering doing so.
Can I get some of my husbands 401 k
The difference between 801k and 401k is 400k or 400,000 if k isn't a variable.
401k is a section of the US Tax Code which describes a particular retirement plan. Section 401a describes a different plan. The letter is a subsection of chapter 401 of the Tax Code.
You can get a sample of a 401K hardship letter at the IRS website. You can also get a copy from your CPA or tax person.
OK what is 40k - dfefine 401k
K usually means 1,000 so 401k would be 401,000.Generally, Americans speaking of a 401k, speak of a retirement plan.Simply it is the tax code - think of it as an outline numbering - 401 is the 401st section and "k" is the subsection number/letter. The K doesn't stand for anything that starts with the letter K or 1000 increments. It stands for the (k) section of the 401st tax code section that lets employees contribute to a retirement plan and not be taxed on what they contribute.
you can see 401k details in "401(k)help center".....
Can I get some of my husbands 401 k
There are no adjectives that begin with the letter k that mean to be thankful.
The difference between 801k and 401k is 400k or 400,000 if k isn't a variable.
401k is fica taxable only..
Assuming you mean the international radio designation for the letter 'K' - it is Kilo.
401k is a section of the US Tax Code which describes a particular retirement plan. Section 401a describes a different plan. The letter is a subsection of chapter 401 of the Tax Code.
Plan de retiro 401(k)
You can get a sample of a 401K hardship letter at the IRS website. You can also get a copy from your CPA or tax person.
November
The letter K had no particular significance; it was chosen merely to have a phonetically different letter from the letters C and D.