The site will be unavailable in 1 minute for scheduled maintenance.

Today's Market

updated 42 minutes ago Sponsored by:
DOW 16,493.37 -69.93 -0.42%
S&P 500 1,925.15 -5.52 -0.29%
NASD 4,352.64 -17.13 -0.39%

Community: Investing Wiki

Term Of The Hour

401k tax advantage: Original post by Maggie McCormick of Demand Media Putting aside pre-tax dollars into a 401k benefits you now, but it also benefits you in the future when you have to use the money. Though some of the tax advantages of a traditional 401k go away if you withdraw the money before you turn 59 1/2, you can make use of most of the advantages during retirement.

Want to learn more or edit this definition?
Click here to read more!