Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Compass
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Loan & Distribution Specialist AimPoint Pension
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Bates & Company, Inc.
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Frequently Asked Questions About 401(k) Plans: The Basics
Investment Company Institute [ICI] Jan. 10, 2018 "What is a 401(k) plan and how does it work? ... Are 403(b) and 457 plans similar to 401(k) plans? ... What are the benefits of investing in a 401(k) plan? What is an employer match? What is vesting? Is there a limit to how much an employee and employer can contribute to a 401(k) plan? What is a catch-up contribution and who is eligible? What happens if an employee or employer contributes more than the 401(k) plan limit? Can participants borrow from their 401(k) plan accounts? ... What happens if an employee can't repay a 401(k) loan? What are the disadvantages to a 401(k) loan? What are hardship withdrawals? What are the disadvantages of a hardship withdrawal? When can a participant begin drawing down a 401(k) plan? ... Why do required minimum distributions exist?" |
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