Tuesday, February 19

What Is a 401(k) Plan?


A 401(k) plan in laymen's terms is a saving plan for retirement, offered by your employer. There’s a lot to 401(k)’s, so it is probably makes sense to start learning the basics.

The Color of Money

Michelle Singletary

Columnist — Washington, D.C.

Michelle Singletary writes the nationally syndicated personal finance column, "The Color of Money," which appears in The Washington Post on Wednesday and Sunday. Her award-winning column is syndicated by The Washington Post Writer’s Group and is carried in more than 100 newspapers.

Read all of Michelle's Color of Money Archives, Newsletters and Color of Money Discussions.