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What does the k in 401 k stand for?
401k is a section of the US Tax Code which describes a particular retirement plan. Section 401a describes a different plan. The letter is a subsection of chapter 401 of the Tax Code.
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What is 401 K or 401 B?
Both are retirement savings plans in US ONLY. Check related links if you want to read more.
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Do you have 401 k?
Do u know 401 k ???
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What is tax rate on 401 k?
The taxable amount of the distribution is added to all of your other gross income and taxed at your marginal tax rate. The tax rate schedule for the marginal tax rate on taxable income starts at -0-...
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What are the 2010 IRA contribution limits?
Same as last year: $5000.
401k limit is $16,500, also the same.
http://www.irs.gov/newsroom/article/0,,id=214321,00.html