Personal Finance

posted by .

What does it mean by 401k Investment Vehicles?

  • Personal Finance -

    401(k) retirement accounts. The word "vehicle" when applied to a retirement investment type is brokerspeak. They do not have wheels.

    401(k) accounts in the USA are contributed to by the employee, with pretax and in some cases after-tax earnings. Sometimes the employer adds a smaller matching contribution. Taxes on earnings are deferred until withdrawn. 401(k) accounts can be converted to Individual Retirement (IRA) accounts.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. math

    Sally Rogers, an employee of Advanced Ideas, Inc. has a gross salary of $45,000 per year. Her company will match employee 401K contributions up to 5% of the gross salary. Due to personal financial constraints, Sally is only able to …
  2. mATH part 1

    Sally Rogers, an employee of Advanced Ideas, Inc. has a gross salary of $45,000 per year. Her company will match employee 401K contributions up to 5% of the gross salary. Due to personal financial constraints, Sally is only able to …
  3. Math Part 2

    a.Execute the research necessary to understand the basic structure of a 401K plan. Write a brief summary of your findings. b.How much did Advanced Ideas, Inc. put into Sally’s 401K in her first two years?
  4. personal finance

    Personal Finance.Why is it important to go through these steps when you are planning on making a large purchase?
  5. Finance

    Omega Health Foundation is considering buying personal computers to install in each patient’s room. The cost of the investment will be $1,400,000. It is expected that the technology will reduce nursing cost by $200,000 per year for …
  6. personal finance

    If you want a risk-proof real estate investment, invest in: A. real estate investment trusts. B. real estate limited partnerships. C. participation certificates (PCs). D. real estate syndicates.
  7. PERSONAL FINANCE

    IF YOU WANT A RISK PROOF REAL ESTATE INVESTMENT, INVEST IN:
  8. business

    A usefful personal and business investment site with in-depth detail on personal financial planning. After reading a March 19,2009 , article"Preparing a Portfolio for Retirement," Arlene Supple, 47 years old, is evaluating her retirement …
  9. Finance

    Now that you have a full time job you are ready to start investing for retirement. Your corporation will match 50 cents of each dollar that you put in your 401K account up to the first $7,000. You have altogether $15,000 that you can …
  10. Personal Finance

    Would you prefer a fully taxable investment earning 13.8 percent or a tax-exempt investment earning 10 percent?

More Similar Questions