☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

401(k) Plan

A defined contribution retirement plan allowing employees to defer a portion of their salary into individual accounts — contributions may be pre-tax (traditional) or after-tax (Roth). Employer matching is common.

Category: Pension & ERISA Law · Source: IRC §401(k)
0 terms published 0 awaiting endorsement
Propose a New Term

Submit a term for the community. Two endorsements from other members will publish it.

Per page: