In what way does a 401(k) differ from an individual retirement account (IRA)?
A 401(k) is created through an individual's employer.
A 401(k) can be created by individuals who deposit money.
OA 401(k) allows consumers to contribute before taxes.
OA 401(k) is a good long-term investment strategy.

401(k) and Individual Retirement Account (IRA) are both retirement savings plans, but they have key differences. A 401(k) is typically created through an individual's employer, while an IRA can be set up by individuals independently. An important distinction is that a 401(k) allows consumers to contribute before taxes, offering immediate tax benefits.

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In what way does a 401(k) differ from an individual retirement account (IRA)?A 401(k) is created through an individual's employer.A 401(k) can be created by individuals who deposit money.OA 401(k) allows consumers to contribute before taxes.OA 401(k) is a good long-term investment strategy.

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Other Questions

In what way does a 401(k) differ from an individual retirement account (IRA)?
A 401(k) is created through an individual's employer.
A 401(k) can be created by individuals who deposit money.
OA 401(k) allows consumers to contribute before taxes.
OA 401(k) is a good long-term investment strategy.