asked 5.6k views
4 votes
N what way does a 401(k) differ from an individual retirement account (IRA)?

asked
User Abatyuk
by
8.1k points

2 Answers

4 votes

Answer:

a. A 401(k) is created through an individual’s employer. on edge

Explanation:

answered
User Dersvenhesse
by
8.2k points
4 votes
A 401k is by an employer so you must work for a company to be eligible. For an IRA most people under 70, as long as they're making an income, can participate.
answered
User Mitun
by
8.3k points
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