401K Colusa FAQs

by | Apr 12, 2013 | Investment

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

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