What is 401k?

What is 401k? Retirement Topics – 401(k) and Profit-Sharing arrange Contribution Limits What is 401k? Two annual limits apply to contributions: A limit on worker elective remuneration deferrals. Remuneration deferrals area unit contributions associate degree worker makes, in function of remuneration, to bound retirement plans: O             401(k) plans O             403(b) plans O             SARSEP IRA plans…