Statements (21)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:urban_area
|
| gptkbp:allows |
tax-deferred savings
|
| gptkbp:allows_contribution |
pre-tax income
|
| gptkbp:can_transform_into |
Roth 401(k)
|
| gptkbp:catch-up_contribution_limit |
$6,500 (2022)
|
| gptkbp:employer_match |
optional
|
| gptkbp:funding |
$20,500 (2022)
|
| gptkbp:has_tax_benefit |
tax-deferred growth
|
| gptkbp:has_type |
employer-sponsored retirement plan
|
| gptkbp:has_withdrawal_penalty |
10% before age 59½
|
| gptkbp:held_in |
stocks
mutual funds bonds |
| https://www.w3.org/2000/01/rdf-schema#label |
401(k)
|
| gptkbp:introduced |
gptkb:1978
|
| gptkbp:is_subject_to |
contribution limits
|
| gptkbp:named_after |
Section 401(k) of the Internal Revenue Code
|
| gptkbp:offers |
employer match
|
| gptkbp:penalty_for_early_withdrawal |
10%
|
| gptkbp:type |
defined contribution plan
|
| gptkbp:withdrawal_age |
59½ years
|