Timothy Sumer

Are 401ks a Traditional IRA– Is a 401k a Traditional IRA? 1-800-566-1002 . What are the best types of is a 401k a Traditional IRA and learn how you can avoid the most common mistakes that individuals have made when looking to purchase is a 401k a Traditional IRA. IRA 401k Or Traditional IRA While there are a variety of IRA 401k plans they all allow a person who is employed to save for their retirement and defer income taxes on the money invested and earnings until it is withdrawal time. Employees are able to direct a portion of their salary into an IRA account. The most common option in such plans is a participant-directed plan, which allows the employee to select from a choice of investment options. These are usually comprised of a mix of mutual funds that may give priority to stocks, bonds and money market investments. Some companies even offer the option of the purchase of company stocks. In many cases employees can often decide to re-allocate the money being invested a...