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A 401(k) plan is a company-sponsored retirement account that employees can contribute income to and employers can contribute to. Defined contribution (DC) pension plans allow employees to invest pre-tax dollars in capital markets where they can grow with tax deferral until retirement. Withdrawals in the process of maintenance means receiving special payments from the 401(k) account. A one-time payment is an amount paid at once, as opposed to an amount that is divided and paid in installments. Roth 401(K) is a type of employer-sponsored retirement savings plan. When an employee is vested with employer-appropriate pension funds or stock options, he has inalienable rights to those assets.