Example: bankruptcy
401k Plan Limits For Plan Year 2011
Found 1 free book(s)Strategies for Canadians with U.S. retirement plans
www.sunnet.sunlife.comLike RRSPs, IRA balances grow tax deferred, and IRA withdrawals are taxed as income in the year withdrawn. A 401(k) plan closely resembles a defined contribution pension plan. 4. Its name derives from the section of the Internal Revenue Code (IRC) that authorizes it. 401(k) plans are sponsored by employers who want to help their