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  2. 401(a) - Wikipedia

    en.wikipedia.org/wiki/401(a)

    These plans are available to some employees of the government, educational institutions, and non-profits, and their funds can be rolled over to a different qualified retirement plan, such as a 401(k) or IRA, [4] when changing jobs. Employer contributions are mandatory, while employees are not necessarily required to contribute to the plan. [5]

  3. The new middle-class retirement plan: Working into old age

    www.aol.com/middle-class-retirement-plan-working...

    Meanwhile, many middle-class workers are envisioning retirements that could stretch to 25 years or more, given their expectation of living to a median age of 90. A longer retirement requires ...

  4. Should you contribute to a 401(k) over the age of 65? - AOL

    www.aol.com/news/2009-01-01-should-you...

    More and more of our readers are going back to work after retirement because they need the money. Some are offered 401(k) plans by their employers. They wonder whether or not they should ...

  5. Retirement plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Retirement_plans_in_the...

    Retirement plans are classified as either defined benefit plans or defined contribution plans, depending on how benefits are determined.. In a defined benefit (or pension) plan, benefits are calculated using a fixed formula that typically factors in final pay and service with an employer, and payments are made from a trust fund specifically dedicated to the plan.

  6. A complete guide to 401(k) retirement plans: What is a ... - AOL

    www.aol.com/finance/complete-guide-401-k...

    A 401 (k) plan is a tax-advantaged retirement savings tool offered by employers that allows eligible employees to contribute a portion of their salary up to a set amount each year. Unlike ...

  7. 401(k) - Wikipedia

    en.wikipedia.org/wiki/401(k)

    In the United States, a 401 (k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401 (k) of the U.S. Internal Revenue Code. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer. This pre-tax option is what makes 401 (k) plans ...

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