Dictionary

401(k)/403(b)

An employer-sponsored investment plan that allows individuals to set aside tax-deferred income for retirement or emergency purposes. 401(k) plans are provided by employers that are private corporations. 403(b) plans are provided by employers that are not for profit organizations.

Last Updated: June 10th, 2025 at 12:16 PM
Mike Selvaggio Facebook Mike Selvaggio Twitter Mike Selvaggio LinkedIn
Top