WhatAreTheDifferencesBetween401a&401k ForRetirementPlanning&Security?
Areyoulookingtoplanyour retirement?
SamuelsGuidehasreleaseda comprehensiveguidecomparing twopopularretirementplans:the 401aand401k.
Itprovidesathoroughanalysisofeach plan'sadvantagesanddisadvantages -givingyoutheinformationyouneed tomaketherightdecision.
A401aisacontributionretirement planthatistypicallyofferedby governmentemployersand nonprofitorganizations.
Itissimilartoa401kplanbuthasmore flexibilityinthecontributionlimits,which meansthatemployerscancontribute morethanwhatyoucontribute.
Incomparisontothis, theguidenotesthata 401kplanistypically offeredbyprivate-sector employers.
Itisapopularretirementsavingsoptionformany individualsbecauseitallowsyoutocontributea portionofyourpre-taxincometoyourretirement savings.
