How Long Do I Need to Keep My 401K?

Answer The Internal Revenue Service allows corporations to set up retirement plans called 401k plans to help employees with their retirement savings. These plans permit both the employee and the employer ... Read More »

Top Q&A For: How Long Do I Need to Keep My 401K

How to Put a 401k Into an IRA?

When you leave an employer, make sure to take the funds in your 401k with you. Once you leave a company, you are no longer able to make contributions into its 401k program. Moving your 401k balance... Read More »

The History of the IRA & 401k?

Two savings plans for U.S. workers were born in the 1970s as a way to encourage people to save for their retirement so they wouldn't have to rely on only Social Security benefits to fund their gold... Read More »

What is a 401k plan?

According to the Investment Company Institute, on November 10, 1981, the Internal Revenue Service amended the U.S. tax code to allow for the creation of a tax-advantaged investment account known as... Read More »

What are 401k plans?

A 401k plan is a retirement plan that corporations can provide for their employees. All 401k plans provide tax-sheltered growth for saving for retirement.TypesEmployers can offer a traditional 401... Read More »