Here is the synopsis of our sample research paper on The 401K / Its Importance In Retirement Planning. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
A 10 page discussion of 401K plans and their importance in retirement planning. Identifies financial goals such as growth of principal, the reduction of tax liability, and the importance of protecting the principal investment and discusses a strategy for achieving these goals through the utilization of 401 Ks. Bibliography lists 7 sources.
Page Count:
10 pages (~225 words per page)
File: D0_401k2.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
There is a growing trend with employers towards moving away from more conventional retirement and pension plans and towards the establishment of a financial
vehicle referred to as a 401K. 401Ks differ from more traditional pension plans in that they are portable, i.e. rather than an employee loosing their retirement benefits from the
time that they worked at a company if they didnt work long enough to be vested they simply carry these benefits on with them into their new position. They
are also self-directed in that the employee has the reigns more so than does the employer. The utilization of 401 Ks often gives the individual tremendous leverage in terms
of meeting certain financial goals such as increasing the principal in their investments, protecting that principal and in insuring lowered tax liabilities. More
traditional retirement plans were designed to win the continued loyalty of an employee, i.e. they were based on the number of years an employee had worked for a particular company
and if an employee didnt choose to stick around long enough to become vested they were simply out of luck in terms of retirement. In most traditional plans an
employee was required to work for a company a minimum of five to ten years in order to qualify for future retirement benefits. Employees who for whatever reason left
sooner than ten years had simply been spinning their wheels in terms of building up retirement benefits and when they took employment with a different company they did so with
a completely empty retirement till. While thirty years ago the more traditional approach to retirement worked it is somewhat more complicated today.
...