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401(k) Inventor Offers New Way for Employers to Reward and Incentivize Employees
Newsmax 
Mar. 13, 2024 "Ted Benna, the 'Father of the 401(k),' is pushing a new incentive plan employers could offer rank-and-file employees.... [M]oney put into it, exclusively by employers, would grow tax-deferred much like a 401(k).... Employers would reward workers a flat-dollar amount or a percentage of compensation to the account ... [T]he minimum amount that can be withdrawn is $500 and only one withdrawal per year is permitted." MORE >> |
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