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401k plans are defined contribution
plans.
2. The new auto enrollment feature can improve participation rates. 3. Plan vendors supply 401k plans; employers sponsor them. 4. Employee contributions are pre-tax. |
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6. Qualified investments for 401k plans include stocks, bonds and money market mutual funds. 7. Tax-deferred saving means compounding growth potential. 8. Withdrawals and 401k Loans 9. ERISA helps protect plan participants' rights and retirement savings. 12. Economic Growth and Tax Reconciliation ACT of 2001 (EGTRA) |
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