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401(k) plans first went into effect in 1980 and became popular after the Treasury issued regulations in 1981. Today over 17 million employees participate in over 200,000 different plans. About 95% of large employers now offer 401(k) plans. Of employees eligible to participate, about 75% choose to do so (with participation increasing with age, job, tenure, and education). Probably the key factor in their popularity is the flexibility afforded to individual employees. With such broad adoption of these plans, it is essential that CPA's be able to respond to clients' questions about them. This course explains the 401(k) plan from both the employer and employee perspectives.
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Course Details
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Price: $14.95
Field of Study: Overview
Prerequisites: None
Level: Basic
Expiration: Course must be completed before 03/03/03
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Technical Requirements:
To view and print downloadable content files available in this program, you will need Adobe Acrobat Reader. You can download the free Reader plugin at Adobe's website by clicking on the icon below, then following the instructions for installation on your computer.
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