Ultimate Crypto Resource Guide
Top Picks for Enthusiasts and Investors
cRYPTO Glossary
Explore essential terms and concepts in the world of cryptocurrency, blockchain, and trading
#
401(k) Plan
A 401(k) plan is a retirement savings program sponsored by U.S. companies where employees contribute part of their income and the employer may match these contributions.
Explanation of Specific Terms:
- Retirement savings program: A plan designed to help individuals save money for retirement.
- Sponsored by U.S. companies: Provided and managed by employers based in the United States.
- Employee contributions: Money set aside from an employee's paycheck to be invested in their retirement account.
- Employer matching contributions: Additional funds contributed by the employer, often matching the amount the employee saves, up to a certain limit.
Key Points for Beginners:
- Why it's important: A 401(k) plan helps employees save for retirement, often with added benefits from employer contributions.
- How it works: Employees decide how much of their income to contribute, and employers may add to this amount, helping the retirement savings grow faster.
Valdis Zhvaginsh
Crypto Enthusiast, CWT Editor
Hello, I'm Valdis
When I began exploring cryptocurrencies, I had many questions. Over time, I've gathered some of the best resources that helped me, and I believe they can be useful to you as well.
I hope these resources assist you in starting your journey into the world of cryptocurrencies and provide useful tools for everyday tasks.
If you have any suggestions or corrections, please contact me
Become a sponsor/partner
Add your resource
Correct or update information
Purchase an advertising block
Branding your resource
Something other...