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401 (k)

A 401(k) plan is a retirement savings plan offered by many American employers that has tax advantages to the saver. It's named after section of U. Continue Reading Below

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Encyclopedia Articles

Discover the definition of financial terms related to 401 (k).

Employer-Sponsored Plans: What They Are, How They Work And Why They Matter Thumbnail

Employer-Sponsored Plans: What They Are, How They Work And Why They Matter

SuperMoney Team

Corporate Pension Plans: Understanding, Types, and Examples Thumbnail

Corporate Pension Plans: Understanding, Types, and Examples

Silas Bamigbola

Maximizing Your Retirement Savings: A Guide to Elective-Deferral Contributions Thumbnail

Maximizing Your Retirement Savings: A Guide to Elective-Deferral Contributions

Silas Bamigbola

In-Service Withdrawal: A Guide To Maximizing Your Retirement Savings Thumbnail

In-Service Withdrawal: A Guide To Maximizing Your Retirement Savings

Dan Agbo

Vested Benefits: Understanding, Examples, and Impact Thumbnail

Vested Benefits: Understanding, Examples, and Impact

Silas Bamigbola

Premature Distributions in Retirement Accounts: Mechanics, Exceptions, and Strategies Thumbnail

Premature Distributions in Retirement Accounts: Mechanics, Exceptions, and Strategies

Alessandra Nicole

Unit Benefit Formula: Understanding, Examples, and Considerations Thumbnail

Unit Benefit Formula: Understanding, Examples, and Considerations

Silas Bamigbola

401(a) Plan: What You Need to Know About It Thumbnail

401(a) Plan: What You Need to Know About It

SuperMoney Team

Qualified Automatic Contribution Arrangements (QACAs): A Comprehensive Overview, Working Mechanisms, and Comparison Thumbnail

Qualified Automatic Contribution Arrangements (QACAs): A Comprehensive Overview, Working Mechanisms, and Comparison

Abi Bus

What is a Money Purchase Plan? Definition & Examples Thumbnail

What is a Money Purchase Plan? Definition & Examples

Lacey Stark

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Learn About 401 (k)

Thumbnail for Blog Article: Gen X's $1.24 Million Retirement Gap: The Numbers, and How to Close It

Gen X's $1.24 Million Retirement Gap: The Numbers, and How to Close It

SuperMoney Team

Thumbnail for Blog Article: Trump’s New 401(k) Order: Will Crypto and Private Equity Change Retirement Forever?

Trump’s New 401(k) Order: Will Crypto and Private Equity Change Retirement Forever?

SuperMoney Team

Thumbnail for Blog Article: Behind on Retirement Savings? How to Reboot Your Retirement Plan

Behind on Retirement Savings? How to Reboot Your Retirement Plan

Jessica Walrack

Thumbnail for Blog Article: Defined Benefit Vs Defined Contribution Plans

Defined Benefit Vs Defined Contribution Plans

Camilla Smoot

Thumbnail for Blog Article: Secret of Retirement Savings: Making Up For Lost Time?

Secret of Retirement Savings: Making Up For Lost Time?

Jessica Walrack

Thumbnail for Blog Article: Walmart 401(k) Plan: 6% Match & Rules Guide (2026)

Walmart 401(k) Plan: 6% Match & Rules Guide (2026)

Emma Dillon

Page 1 of 5

About 401 (k)

A 401(k) plan is a retirement savings plan offered by many American employers that has tax advantages to the saver. It's named after section of U.S Internal Revenue Code, and it works like this; when an employee signs up for one they agree with their company on how much money from each paycheck should go into an investment account each month. The employer may match part or all of that contribution. This money is invested into among a number of investment options, usually mutual funds.