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401(k) Explained For Beginners | How Does It Work & Benefits
12:23
YouTubeThe Modest Wallet
401(k) Explained For Beginners | How Does It Work & Benefits
A 401(k) is simply a retirement savings plan offered by many American employers that has tax advantages for people that want to save money. The plan is named after a section of the U.S. Internal Revenue Code (26 USC 401: Qualified pension, profit-sharing, and stock bonus plans). Want to read more about how to invest as a beginner? Read our post ...
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