What is exactly in short words , 401k ? Greetings from Mexico!?

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What is the most affordable online brokerage for the extremely small investor?

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I am looking to invest into Forex, Would I need a broker and what is the minimum amount of money to invest?

BEGINNER, Also how long would that money have to stay in that investment?...

Should I buy a house this year or wait?

I am a married mother and have a mortgage ready to go. I have not gone ahead yet as I really think the market is due for a slump next year, maybe as a follow on from Americas recent dip. But then, ...

Hunting haggis?

Would any one like to invest money in to my haggis hunting business....

How to deposit more money into my account?

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Why do prices of bonds decrease when interest rates go up?

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I need a business Idea....I looking to start my own small business in north jersey. please summit ideas?

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I think it is a scam what do you think? please read?

got a letter in the mail today telling me to send $1.00 to the 6 people on the list . after i do so i would be added to the list. than they want me to print 200 letter asking people to send me 1.00 ...

21 yr old college student with $5K- I'm thinking about investing it! Any advice?

I'd like to invest $5000 but I don't know where to begin.
I'm considering speaking with my bank's Investment Advisor about it. Good idea?
I have about $40K in student ...

Is it wise to put money away in different account in different banks?

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How to invest my money?

I am 19 years old and I have 1,000 dollars that I want to invest. I read somewhere that if I put it in a certain account that by the time it was time to retire I would have a whole lot of money. C...

Should I start to invest now or wait?

I am 16 and have been talking to my parents about investing some of my summer job money in the stock market.... I don't know if I should wait because of all the recession talk. What do you ...

How can I make 3 Million Dollars In 3 Months?

I want to make this amount by the means of love driving it. I will not resort to an evil aim to acheive this amount. Is there a way to do this in this period of time?...

Do you think the stock market falls will result in personal difficulty for you?

or is it all being overdone and only the silly banks that fooled themselves into buying each others repackaged debt recycled as growth will pay?...

Which is the best sector to invest in this volatile market...!!!!?

Finance & B...

If a convient store is open 24 hours, 365 days, why are there locks on the doors?

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I am about to recieve around $3,000. I would like to put it into a savings, no stock market. What shoudl i do?

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I'm 19 years old so i got my life ahead of me to wait on a cd or whatever. Dont think anything could arise where i would need the money ...

How does one begin a small investment from anywhere in the world with say $1500?

I want to make some money for the future but I'm not sure how to invest. Help! Don't get any big ideas I'm not giving away my hard earned 2 cents....

Can i invest in stock market this time?

bya ...

What causes stock prices to rise and fall?

Specifically, what kind of examples would cause a company's stock price to go up?
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you guys had good answers but i mean specifically. what would cause a stock to ...

mayer_saadchadin

What is exactly in short words , 401k ? Greetings from Mexico!?

iroc

The 401(k) plan is a type of employer-sponsored retirement plan in the United States and some other countries, named after a section of the U.S. Internal Revenue Code. A 401(k) plan allows a worker to save for retirement while deferring income taxes on the saved money and earnings until withdrawal.

The employee elects to have a portion of his or her wage paid directly, or "deferred", into his or her 401(k) account. In participant-directed plans (the most common option), the employee can select from a number of investment options, usually an assortment of mutual funds that emphasize stocks, bonds, money market investments, or some mix of the above. Many companies' 401(k) plans also offer the option to purchase the company's stock. The employee can generally re-allocate money among these investment choices at any time. In the less common trustee-directed 401(k) plans, the employer appoints trustees who decide how the plan's assets will be invested.

â™ª â™¥ Sydney â™ª â™¥

A 401k is a type of retirement savings account that you get through your employer.

so_wats_new_89

it a savings plan that you get at work. its depends on how much you ask for your employer to take out of your check and that same amount is the same amount that your employer also puts in

just the name of a retirement savings plan in the US.

jebediabartlett

Okay..."short words":
You work, put some of money away ( in 401k)
boss may put some money in, too ( maybe not)
money makes more money
you can have it when you are 60
may be MUCHO!......... hope so!

Charlie Bucket

This is a retirement savings account that you can invest in mutual funds and your employer will take the money out of your paycheck before you pay taxes on it.

aahhscar

it is KUATROCIENTOS MILL UNO....OK

artemisia

hola, senora!