401 (K) PLAN Definition

Bookmark and Share

401 (K) PLAN is a retirement plan in the United States that allows qualified employees to contribute money from their paychecks into a tax-sheltered account.

Learn new Accounting Terms

UNDERSTATED is to represent as less than is the case.

ACCOUNT CURRENT is a running or continued account between two or more parties, or a statement of the particulars of such an account.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.