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In what way does a 401(k) differ from an individual retirement account (IRA)?
A 401(k) is created through an individual’s employer.
A 401(k) can be created by individuals who deposit money.
A 401(k) allows consumers to contribute before taxes.
A 401(k) is a good long-term investment strategy.

Respuesta :

the way in which a 401(k) differ from an individual retirement account (IRA) is: A 401(k) is created through an individual’s employer. 

A 401k is a form of retirement saving plan that sponsored by an employer that allow an employee to cut off a little piece of their salaries and save it for their pension plan (which are not a subject to tax)
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The 401(k) differs from an individual retirement account (IRA) because A 401(k) is created through an individual’s employer.

Option A is correct

How does the 401(k) differ from an individual retirement account (IRA)?

Generally, 401(k)s as well as individual retirement accounts include beneficial tax advantages,

But where we see a distinction is that the 401(k)s are designed for employers of labor to offer while individual retirement accounts are for Individuals as  IRAs give more investment opportunities and 401(k)s gives a higher annual contribution.

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