Congress amended the IRS Code to add section 401(k). Work on developing the first plans began in 1979. Originally 401(k) plan was intended for executives but plan proved popular with workers at all levels due to higher con...read more
Smack, right up alongside the head. Your 401(k) investment program deteriorated rapidly as the stock market and the economy weakened. Who would have thought that there was so much risk of loss in those mutual funds, and ET...read more
401(k) retirement plans or other employer sponsored programs are extremely important and should be taken advantage of no matter what your financial situation is. Employers generally match a portion of your salary into thes...read more
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