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drek231 [11]
3 years ago
8

What benefit does a 401(k) plan provide over an IRA?

Business
2 answers:
svetoff [14.1K]3 years ago
5 0
Hello,

Your brainliest answer would be:

A benefit of 401k It is Less of investment risk.

Plz mark me brainliest!

Hope this helps!
kotegsom [21]3 years ago
4 0
Since 401(k) accounts are employer sponsored, most companies match their employees contributions up to a certain percentage. In addition, they have a higher cap on contributions. IRA accounts allow more freedom over investments. The benefits to having a 401(k) or an IRA account depend in part on your financial situation.

I hope that helped
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Behavioral economics is important because it gives us an idea about how the mind of humans work. The greater the supply of a particular good, the more we use the good, the less we appreciate it. There are oceans of water and we always get water easily but there are fewer diamonds embedded and hidden in rocks which are not cheap and readily available.

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