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401K accounts are started through and employers. Roth IRA accounts can be started by an individual at a local bank.

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15y ago

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What is the difference between 801k and 401k?

The difference between 801k and 401k is 400k or 400,000 if k isn't a variable.


What's the difference between a 401k and a Roth 401k?

The 401k is not taxed but the Roth 401k will be best in the long run as the money you get out wont be taxed then.


Is my Fidelity 401k FDIC insured?

No, your Fidelity 401k is not FDIC insured. FDIC insurance is for bank accounts, not investment accounts like a 401k.


What's the difference between Roth and a 401K?

The difference between a Roth 401k and a regular 401k is that the Roth 401K is a after-tax contribution and the regular 401K is a pre-tax contribution. You pay taxes on the Roth 401K now in order to avoid taxes at withdrawal. The regular 401 is a tax credit for the year deposited with taxes paid at the time of withdrawal.


How is the 401k different from the Roth ira?

There is one main difference between a 401k and a Roth IRA. The maximum contribution limit for a 401k is about three times that of an IRA.


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a 401k is an employer plan for the benefit of the employees, and an IRA is an individual plan


What is the difference between a Roth 401K as opposed to a traditional 401K?

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What is the difference in a Roth 401K and a regular 401K?

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How long have 401K accounts been around?

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Is it a good idea to rollover from a 401k to an IRA?

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What is the basic difference between an IRA and a 401K?

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