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This is a short summary of the paper
401(k) Plans

Start of Term Paper
There are many economic issues facing the nation today. While some are extremely important in determining how the economy is balanced, others are not. Although this is true, that does not necessarily make these lesser important issues obsolete ....

Middle of Term Paper
... before taxes are withheld This portion of the employee's paycheck is put toward his or her retirement. What some companies prefer to do in order to make the 401(k) plan more attractive for employees, is to match each employee's investment in the plan by a certain percent. Here is where the problem comes in. Though some companies match contributors either with cash or with a direct credit to the plan, other companies match with corporate stock. According to Richard Sasanow, a former assistant of public communications at Ernst and Young, "many experts consider this to be one of the riskiest investments for a 401 (k)-but may be wo ...

Number of Words: 822 Approximate Pages: 3

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