Not by definition. A 401K plan can take a lot of different forms. Including just sticking it in a money market account. read more
A 401K plan can take a lot of different forms. Including just sticking it in a money market account. Most people, it seems, do invest their 401K in the stock market, as these accounts are typically managed by firms that make commissions and fees off of stock and mutual fund transactions. read more
A: The whole thing started in the 1970s when the government began tinkering with retirement plans. By the end of the decade, Congress had created the Internal Revenue Code section 401(k), from which many of our current retirement plans take their name. read more