Ask Question
BusinessBusiness
9 September, 04:12

What do 401 (k) plans and IRAs have in common?

+4
Answers (1)
  1. 9 September, 04:25
    0
    A 401 (k), as well as a 403 (b) and 457, is a qualified employer-sponsored retirement plan. If your employer does not offer a 401 (k) or other sponsored plan, you should probably just begin saving in a Roth IRA or traditional IRA ... You will pay taxes on it when you withdraw it during retirement.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What do 401 (k) plans and IRAs have in common? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
You disagree with Ed "Shifty" Smith, a car salesperson, on the price of an open-end lease. He says the depreciation charge is only $6,000.
Answers (2)
Allison is interested in registering her new business as a corporation under the name Notary On the Go, Corp. She checks with the Secretary of State in her jurisdiction and obtains clearance to register her corporation under that name.
Answers (1)
The greatest amount of foreign exchange trading takes place in the following three cities: A) New York, London, and Tokyo. B) New York, Singapore, and Zurich. C) London, Frankfurt, and Paris. D) London, Tokyo, and Zurich.
Answers (1)
Consider income data for three fictional nations. In Smithland, the top half of earners make $100,000 per year, while the bottom half make $20,000. Hayektopia's bottom half also make $20,000 per year, while its top half make $200,000.
Answers (1)
Able, Baker, and Charles are engaged in the marketing to and enrollment of beneficiaries into Medicare health plans. Mr. Able is an independent agent paid directly by a health plan. Ms.
Answers (1)
New Questions in Business
Thirty-seven-year-old steven is a single male who has suffered from depression all his life. he has been in treatment for the last week and a half and has begun taking an antidepressant.
Answers (1)
Mike inherited some antiques. Pat agrees to buy them. In the contract, Mike and Pat agree to value the antiques at whatever the Sotheby's representative says. It is much higher than either of them anticipated. What is the outcome?
Answers (1)
Among the various kinds visual aids, tables are what?
Answers (1)
Tp-22 what test can be performed to detect a leak after fueling a gasoline-powered boat?
Answers (1)
Before any serious discussion of purchasing a business occurs a _ should be conducted
Answers (1)
Home » Business » What do 401 (k) plans and IRAs have in common?
Sign Up Forgot Password?