Tip 10/10

 

 

401k plans - ever wondered if other plans offer higher contributions?

 

Remember to pay attention - there is a simple multiple choice quiz at the end!

Today you can get free access if you pass the simple 1 question multiple choice quiz at the end of the career survival tutorial. 

Our 32 resume and cover letter templates are normally reserved exclusively for subscribers. 

 

HINT: you'll need to know these career strategies and tips to select the right answer.

A 401k plan is a qualified plan established by employers to which eligible employees may make salary deferral (salary reduction) contributions on post and/or pre-tax basis. Employers may make matching or non-elective contributions to the plan on behalf of eligible employees and may also add a profit sharing feature to the plan. Earnings accrue on a tax-deferred basis.  Plans that allow participants to direct their own investments provide a core group of investment products.

 Explore the many plan options and tutorials available online that explain how you can maximize your own 401k plan. 

A 401k plan used properly can accrue to significant wealth over time, with little or no cost to you, and provide decent tax benefits.

 

Your Quiz:       How can you apply these skills to improve your career?

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