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It's just a glorified way of calling a dividend reinvestment plan (DRIP). They've been around for a long time. The trick is finding the right investments that return double that of a 401k, hence the term "801k" (for which there is no IRS code named after it).
To read more about the 801K, visit the Related Link.
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How can you invest in a 801K plan?
im trying to find out how to get started in investing in the 801k's
What is the difference between 801k and 401k?
The difference between 801k and 401k is 400k or 400,000 if k isn't a variable.
What companies offer the 801k plan?
801(k ) plans allow you to buy company stock directly from the corporation, a glorified dividend reinvestment plan (DRIP). More than half of the S&P 500 offer these plans, as do many other companies.
How does a bank decide if a business plan might work?
Magic.
What is a 401k plan and how does it work?
A 401k plan is some sort of savings program and it involves forms. You must fill out these forms in order to apply for a 401k plan. It is a government program.
