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The company was established by Torstein Hagen in St. Petersburg, Russia as Viking River Cruises in 1997. Hagen had become involved in cruising as a McKinsey and Company consultant who helped the Holland America Line survive the 1973 oil crisis, then was CEO of the Royal Viking Line from 1980 to 1984, made money in the Russian private equity markets, then bought a controlling stake in a Dutch ...
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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 ...
In 1961, the company changed its name to Automatic Data Processing, Inc. (ADP), and began using punched card machines, check printing machines, and mainframe computers. ADP went public in 1961 with 300 clients, 125 employees, and revenues of approximately US$400,000. [3] The company established a subsidiary in the United Kingdom in 1965.
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For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail. ... the number of 401(k) ... And once workers have a 401(k), many are using the savings as a pre-retirement ...
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