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Insurance > 401(k) plan

The following information is about 401(k) plan.

401(k) plan Defined

An employer-sponsored retirement savings plan funded by employee contributions, which may or may not be matched by the employer. Federal laws allow employees to invest pre-tax dollars, up to a stated maximum each year.

This definition is in context to Insurance. See more contextual defintions for 401(k) plan.


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