Tag Archives: 401(k)

Background In 1980, a tiny new element of the retirement investment world was born under the not-new Internal Revenue Code Section 401(k). The IRS unexpectedly issued a favorable ruling in response to a request from a consulting firm regarding a pre-tax deferred pay plan. Presto. A whole new era for employee retirement programs began that was destined to re-make the entire retirement plan world (yes, the entire globe). A hallmark design feature which is almost universal in 401(k) plans (but was not required, or even specified in the Internal Revenue Code) is typically the pass-through to employees of the right … Continue reading →