Your Source for Understanding Personal, Business, Life, Health, Group Benefits, and Medicare Insurance.

September 13, 2020

401(k) savings account

Understanding 401(k) Terms: Sponsor & Third-Party Administrator

A 401(k) plan is an excellent benefit for employers to offer employees. It is a tax-deferred, defined-contribution retirement account that gets its name from a section of the IRS Code. Many employers offer matching funds for all or part of their employees’ contributions to a 401(k) plan. If you are

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