This combination Real Estate Glossary and Personal Finance Glossary provides definitions of commonly used real estate and personal finance terms. All definitions are listed below, arranged in alphabetical order.
1 | 4 | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
401(k) Plan - A 401(k) Plan is a defined contribution plan for employees. Some companies do not offer this benefit, but if they do, you may contribute up to a maximum set by the government and indexed to inflation. As an additional benefit, some employers match contributions up to a certain dollar limit or percentage.
403(b) Plan - A 403(b) Plan is a retirement plan offered by certain religious, charitable, or public organizations. It operates much like a 401(k) plan.
