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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] Periodical employee contributions come directly out of their paychecks, and may be matched by the employer.
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ADP, Inc. (originally an acronym for Automatic Data Processing) is an American provider of human resources management software and services. Contents 1 History 2 Divisions and spinoffs 2.1 Broadridge Financial Solutions 2.2 CDK Global, LLC 3 References 4 External links History [ edit]
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