401K Helper

Use This Free App To Help With Your 401K

A 401(k) is a feature of a qualified profit-sharing plan that allows employees to contribute a portion of their wages to individual accounts.

-Elective salary deferrals are excluded from the employee’s taxable income (except for designated Roth deferrals).

-Employers can contribute to employees’ accounts.

-Distributions, including earnings, are includible in taxable income at retirement (except for qualified distributions of designated Roth accounts).

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