In what way does a 401(k) differ from an individual retirement account (IRA)?

2 answers:

8 0

The way in which a 401(k) differ from an individual retirement account (IRA) is: A 401(k) is created through an individual’s employer.

A 401k is a form of retirement saving plan that sponsored by an employer that allow an employee to cut off a little piece of their salaries and save it for their pension plan (which are not a subject to tax)

Svetradugi [14.3K]3 years ago

6 0

A: 401(k) is created through an individuals employer

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