401(a)
A tax-deferred retirement savings plan set up by an employer, the 401(a) plan allows for contributions by the employee, the employer, or both. Contribution amounts, whether dollar-based or percentage-based, eligibility, and vesting schedule are all determined by the sponsoring employer. The term 401(a) comes from 401(a) of the Internal Revenue Code (Title 26 of the United States Code).
See also
- 401(k)
- 403(b)
- 457(b) and 457(f) plans
- Individual retirement account
- List of finance topics
- Taxation in the United States
- Thrift Savings Plan