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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
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Encyclopedia Articles

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

Independent 401(k): Understanding Retirement Wealth with Examples Thumbnail

Independent 401(k): Understanding Retirement Wealth with Examples

SuperMoney Team

ADP and ACP Tests: How They Work and Real-Life Scenarios Thumbnail

ADP and ACP Tests: How They Work and Real-Life Scenarios

Silas Bamigbola

What is a 26(f) Retirement Program? Should You Use It? Thumbnail

What is a 26(f) Retirement Program? Should You Use It?

Camilla Smoot

The Prudent Expert Act: Definition, Compliance, and Implications Thumbnail

The Prudent Expert Act: Definition, Compliance, and Implications

Abi Bus

Opt-Out Plans: Definition, Functionality, Benefits, and Considerations Thumbnail

Opt-Out Plans: Definition, Functionality, Benefits, and Considerations

Alessandra Nicole

Statement of Changes in Net Assets Available for Pension Benefits: Understanding, Importance, and FAQ Thumbnail

Statement of Changes in Net Assets Available for Pension Benefits: Understanding, Importance, and FAQ

Alessandra Nicole

Auto Enrollment: Exploring Types, Examples, and Impact Thumbnail

Auto Enrollment: Exploring Types, Examples, and Impact

SuperMoney Team

Automatic Rollover: Definition, Implications, and Considerations Thumbnail

Automatic Rollover: Definition, Implications, and Considerations

Alessandra Nicole

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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.