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What does 401K stand for? How much can you contribute to a 401K per year? When can 401K savings be withdrawn? Is a 401K taxable? A 401K plan is sponsored by an employer as a retirement savings plan for an employee. It's a defined-contribution plan, meaning that the balance in the employee's acount depends on contributions made to the plan and the performance of plan investments. The employer is usually not...

Few things in life can trump the satisfaction of entering into a well-planned retirement. Yet despite years of planning, many people still run out of money. Here are a few tips to help you enjoy your retirement.


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