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401(K)

Under section 401(K) of the Internal Revenue Code, a deferred compensation plan set up by an employer so that employees can set aside money for retirement on a pre-tax basis. Employers may match a percentage of the amount that employees contribute to the plan. Contributions by both employees and employers, as well as investment earnings and interest, are not taxed until the employee withdraws the money; if the employee withdraws the money before retirement age, he or she pays an early withdrawal penalty tax. Currently, employees are allowed to annually contribute up to 15 percent of their salary but no more than $11,000 ($12,000 for people 50 or older). Many employers now offer these deferred compensation plans in lieu of or in addition to pensions.
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ALLOWABLE ROLLOVERS FROM ROTH 401 (K)S Direct rollover (trustee-to-trustee All or any part of the plan transfer) balance can go to another Roth 401(k), Roth 403(b), or to a Roth IRA, if the receiving plan allows.
Final Roth 401(k) distribution regulations
401 (k) plan, the "missed deferral" is the participant's compensation multiplied by the ADP of the comparable discrimination testing group (highly compensated or nonhighly compensated) for the year at issue.
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A loan at last?
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401 (a) qualified plan nondiscrimination rules apply to Sec.
Distinguishing church plans under ERISA and the Code
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Maximize sec. 401(k) plan with companion nonqualified plan
401 (k) plan and enabling executives to maximize their contributions to the Sec.
Current developments in employee benefits
401 (k) or an elective deferral simplified employee pension (SEP) plan must have established such plan before July 2, 1986.
Nonprofit supplemental pension plans after 1993
401 (a)(11) and 417 and the regulations for those sections.
Revenue Reconciliation Act of 1993; Voluntary Compliance Resolution program; fiduciary responsibilities; distribution rules; excise taxes

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