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Brown Cafe UPS Forum
UPS Retirement Topics
I need advice on 401K
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<blockquote data-quote="Ms.PacMan" data-source="post: 1840915" data-attributes="member: 4656"><p>401k's are not govt sponsored plans. Employers sponsor 401k's. They are subject to taxation and get their name from the tax code that allows the deferral of taxes but every other retirement vehicle (short of the coffee can full of money buried in the backyard) is also subject to tax eg. income property</p></blockquote><p></p>
[QUOTE="Ms.PacMan, post: 1840915, member: 4656"] 401k's are not govt sponsored plans. Employers sponsor 401k's. They are subject to taxation and get their name from the tax code that allows the deferral of taxes but every other retirement vehicle (short of the coffee can full of money buried in the backyard) is also subject to tax eg. income property [/QUOTE]
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I need advice on 401K
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