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Community: Investing Wiki

Term Of The Hour

401k contribution limits: Original post by Ciaran John of Demand Media Under federal tax rules, 401(k) plans are classified as tax-qualified accounts, which means that your plan grows on a tax-deferred basis. Many people attempt to take advantage of these tax savings by investing as much as they can into their 401(k) plans. However, your contributions are subject to annual limits, and once you invest your money you may…

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