A 401(k) is a retirement savings plan, which commonly accrues interest over the years. Taxes are paid only when you take the money out of the account (which kind of explains why everyone is huffing and puffing over tax increases).
Nov 10 | 2016
Nov 10 | 2016
Nov 10 | 2016
What is a 401(k)? A 401(k) is a retirement savings plan, which commonly accrues interest over the years. Taxes are paid only when you take the money out of the account (which kind of explains why everyone is huffing and puffing over tax increases). Some employers will match whatever you put into your 401(k), so