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xz_007 [3.2K]
2 years ago
10

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

Social Studies
2 answers:
Nezavi [6.7K]2 years ago
8 0
The way in which a 401(k) differ from an individual retirement account (IRA) is: <span>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)</span>
Svetradugi [14.3K]2 years ago
6 0

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

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