What is 401(k) Plan and What kind of Common behavioural mistake of employee which will not serve the very purpose of Retirement benefits?
A 401(k) is a retirement saving and investing plan that employers offer. A 401(k) plan gives employees a tax break on the money they contribute. Contributions are automatically withdrawn from employee paychecks and invested in funds of the employee’s choosing (from a list of available offerings). Also, when an employee retires and wants to withdraw …
