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  • 401(K) PLAN
    An employer-sponsored retirement savings plan funded by employee contributions, which may or may not be matched by the employer. Federal laws allow employees to invest pre-tax dollars, up to a stated maximum each year.

 

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Insurance Glossary is Owned and Copyrighted by the Insurance Information Institute.
Jerry Brunson Insurance Agency Uses This Glossary By Permission.

 

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Important Note: This website provides only a simplified description of coverages and is not a statement of contract. Coverage may not apply in all states. For complete details of coverages, conditions, limits and losses not covered, be sure to read the policy, including all endorsements.

   

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