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  2. 401 (k) - Wikipedia

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

    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.

  3. Fidelity Investments - Wikipedia

    en.wikipedia.org/wiki/Fidelity_Investments

    Fidelity Personal, Workplace and Institutional Services (PWIS) is the largest provider of 401 (k) retirement plan services with $1.4 trillion under administration [40] and $32 billion in total defined contribution assets, as of 2015. [40]

  4. Employee Stock Ownership Plan - Wikipedia

    en.wikipedia.org/wiki/Employee_Stock_Ownership_Plan

    An Employee Stock Ownership Plan (ESOP) in the United States is a defined contribution plan, a form of retirement plan as defined by 4975 (e) (7)of IRS codes, which became a qualified retirement plan in 1974. [1][2] It is one of the methods of employee participation in corporate ownership.

  5. How much should you contribute to your 401 (k)? - AOL

    www.aol.com/finance/much-contribute-401-k...

    The fewer years you have between now and when you plan to start tapping into your 401 (k) in retirement, the higher the percentage of your salary you should contribute for the years you remain in ...

  6. Gen X is the 401(k) 'experiment generation.' Here's how that ...

    www.aol.com/finance/gen-x-401-k-experiment...

    More than two decades ago, many employers began doing away with traditional defined-benefit pensions and switching to 401 (k) retirement plans that workers contributed to themselves with a pocket ...

  7. Retirement plans in the United States - Wikipedia

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

    Examples of defined contribution plans include individual retirement account (IRA), 401 (k), and profit sharing plans. In such plans, the participant is responsible for selecting the types of investments toward which the funds in the retirement plan are allocated. This may range from choosing one of a small number of pre-determined mutual funds to selecting individual stocks or other ...

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