Everything You Ever Wanted to Know About Your 401(k)

In the United States, 401(k) is a retirement savings plan provided by the employer. The plan provides employees with the option to defer a percentage of pay toward their retirement account, to be withdrawn at a later time. Retirement plans like these can be a major perk, especially if the company matches some of the employee's contributions. Here's how to get the most out of your 401(k).