401k’s

While there is a lot to know about 401(k)s, the following is a brief description.

A 401k is a defined contribution plan offered by a corporation to its employees, which allows employees to set aside tax-deferred income for retirement purposes. The name 401(k) comes from the IRS section describing the program.

If you would like to know more about investing in 401ks please contact us and set up an appointment with one of our representatives.

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