Latest 401k Articles

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  • Common Files

    Active Participant Status - 401k Retirement Glossary

    Active participant status means the participance of an employee in a 401k retirement plan sponsored by his employer. Other retirement plans include:

    - 403b Plans
    - SEP IRAs (Individual Retirement Accounts)
    - SIMPLE IRAs
    - Qualified Annuity Plans
    - Money Purchase Pensions
    - Defined or Targeted Benefit Plans

    Are you an active participant status in your 401k plan?

    The way to find out is by checking your Form W-2. See if the "Retirement Plan" box is checked in your form W-2 which can be obtained from your employer.

     

     

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