Next video:
Loading the player...

The 401(k) plan is one of the most widely used retirement vehicles. Find out what it is and what it can do for you.

Related Articles
  1. Retirement

    3 401(k)s With the Lowest Expense Ratios

    Discover how to Identify the fees and expenses associated with 401k investing and how it will affect your bottom line in investing.
  2. Retirement

    401(k) Investing for Military Veterans

    Military personnel have access to a thrift savings plan, which is similar to a 401(k) plan.
  3. Financial Advisor

    Who Wants to be a 401(k) Millionaire? (TROW)

    Want to be a 401(k) millionaire? Here are some tips to get you on the right path.
  4. Retirement

    My Employer Doesn't Offer a 401(k). Should I Care?

    Find out what do if your employer doesn't offer a 401(k) retirement savings plan, including alternative investment options and whether to switch jobs.
  5. Financial Advisor

    Why Employees Like Betterment's 401(k) Platform

    Betterment's online 401(k) platform is gaining steam. Here's how it works.
  6. Financial Advisor

    Eyeing a 401(k) Loan? There Are Better Options

    A 401(k) loan may sound good but it's not worth the risk. Here are other options that allow you to leave your retirement funds untouched.
  7. Retirement

    The Danger Of A 401(k) Flameout

    It looks like the 401(k) has failed, but what are the repercussions, and how can you protect yourself?
  8. Retirement

    What to Do With Your 401(k) if You Change Jobs

    There are several options for your old 401(k) if you start working for a new employer.
  9. Financial Advisor

    Which 401(k) Plan is Right for You?

    An overview of the different types of 401(k) plans and how to choose the right one.
  10. Financial Advisor

    401(k) Loans: The Good, the Bad and the Ugly

    Borrowing from your 401(k) is ready cash from the best possible lender: you. Here's the upside and downside to using the money before retirement.
Hot Definitions
  1. Collateral Value

    The estimated fair market value of an asset that is being used as loan collateral. Collateral value is determined by appraisal ...
  2. Fiduciary

    A fiduciary is a person who acts on behalf of another person, or persons to manage assets.
  3. Current Account

    The difference between a nation’s savings and its investment. The current account is defined as the sum of goods and services ...
  4. Liability

    Liabilities are defined as a company's legal debts or obligations that arise during the course of business operations.
  5. Quick Ratio

    The quick ratio is an indicator of a company’s short-term liquidity. The quick ratio measures a company’s ability to meet ...
  6. Covered Call

    An options strategy whereby an investor holds a long position in an asset and writes (sells) call options on that same asset ...
Trading Center