Report post
A 401(k) is a type of retirement plan offered by employers that allows employees to save and invest a portion of their salary pre-tax. Contributions can be matched by the employer. There are traditional and Roth 401(k)s, both with tax advantages. The 401(k) has become popular as it replaced traditional pensions, offering more flexibility and individual control over retirement savings.

The World's Leading Crypto Trading Platform

Get my welcome gifts