Which Retirement Plan Is Managed By An Individual’s Employer?

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One response to “Which Retirement Plan Is Managed By An Individual’s Employer?”

1. 

   September 4, 2013

   Steve Savant

   There are several qualified defined benefit and contribution retirement plans that are employer sponsored. The most popular is a 401(k) defined contribution plan under ERISA, Employee Retirement Income Security Act of 1974. The pretax contributions accumulate tax deferred and some employers match a portion of the employee’s contribution, further enhancing the overall benefit.