401K Colusa FAQs

Q: What is a 401K Colusa?
A: A 401K Colusa is an agreement where the employer deducts a certain amount from every paycheck to go into a savings account. This savings account is specifically for retirement and treated as such.
The money is taken out pre-tax and you do not claim taxes on the money until after you have retired. At that time, the money then becomes income and that

Be the first to like.

FavoriteLoadingAdd to favorites


Follow Us:
  • Nancy Sanders


Shares