How Well Do You Know Your 401(k)?
A recent discussion about 401(k) plans resulted in a quick quiz that you can take to find out just how much you know about basic 401(k) facts.
Follow this link to take the quiz and find out if you know the answers to 10 quick questions about such topics as the tax treatment of 401(k)s, employer and employee rights regarding the plans, the annual limit on contributions, and just what that (k) stands for.
You can also call your clients and ask them the same questions - find out if you have done a good job of educating your clients about their investments.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.