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What is a 401(k)?

Quick Answer

A 401(k) is a retirement savings account offered by employers. Employees contribute a percentage of pay (pre-tax or Roth), often matched by the employer, and the money grows tax-deferred or tax-free until retirement.

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Warren Team
Updated October 1, 2025
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The information provided is for educational purposes only and should not be considered as personalized financial advice. Warren is a registered investment advisor. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making investment decisions.

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