economics

what is a 401k

  1. 👍 0
  2. 👎 0
  3. 👁 189
  1. retirement plan

    1. 👍 0
    2. 👎 0
  2. This article explains the 401k very well.

    http://money.howstuffworks.com/personal-finance/retirement-planning/401k.htm

Respond to this Question

First Name

Your Response

Similar Questions

  1. Stats

    8.0235% of the employees of the Acme Tire store are enrolled in a 401k at the store. If the company has 600 employees, what is the probability that less than 40 employees are entered in the 401k.

    asked by Sam on April 6, 2016
  2. Personal Finance

    What does it mean by 401k Investment Vehicles?

    asked by Smith on June 14, 2012
  3. math

    can I any one help me to find a formula to calculate 401K plans for my project? Thanks Compound Interest With compound interest, the interest due and paid at the end of the interest compounding period is added to the initial

    asked by jenny on April 30, 2007
  4. Personal finance

    Josh has decided to take a course at the local community college that could help him get a promotion at work. The course begins at 5pm and goes until 9pm on monday nights. Josh normally works until 5pm each day, but because of the

    asked by Michelle on October 24, 2013
  1. 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? c.How much will Sally

    asked by dEE on June 24, 2007
  2. Math

    Sal and Cal both work for the same company making ​$55,000 each in annual salary. Sal deposits 5​% of her salary to her 401k plan and the company matches 25 cents for each dollar contributed to the 401k up to the 5​%. Cal

    asked by chris on August 7, 2017
  3. 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

    asked by dEE on June 24, 2007
  4. 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

    asked by dEE on June 24, 2007
  1. Stats

    8.0235% of the employees of the Acme Tire store are enrolled in a 401k at the store. If the company has 600 employees, what is the probability that less than 40 employees are entered in the 401k.

    asked by Sam on April 6, 2016
  2. 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

    asked by Heather on December 19, 2013
  3. MATH!!!

    Supppose you work for a company that has a 401k plan. Your first-year annual salary is $28,200 and you are contributing 10% of your monthly paycheck onto your 401k. Write a rule for the amount of money contributed to the plan

    asked by really need help... on December 10, 2007
  4. Long term planning

    You would like to begin (or increase) your savings for retirement. What types of retirement plans (401 ks, IRA, etc.) might be best for your personal situation? Be sure to explain the plan you are interested in and why this is

    asked by candy on August 1, 2006

You can view more similar questions or ask a new question.