401(k) Retirement or 401(k) Savings Plan?

PlanSponsor.com has posted an article by Fred Reish on the differences between a 401(k) savings plan and a 401(k) retirement plan.  The key differences relate to participants' awareness of their retirement income needs and how they can manage their saving and investing to achieve their retirement income goals.

 

In this article titled, "Does Your Company Sponsor a 401(k) Savings Plan or a 401(k) Retirement Plan?", Mr. Reish, Managing Director and Partner of the Los Angeles-based law firm of Reish & Reicher, provides the key characteristics of a 401(k) retirement plan.  Click here to read the full article.

 

Contact us for assistance with starting a defined contribution employee retirement plan or investigating plan design changes for an existing plan.