in what way does a 401(k) differ from an individual retirement account (ira)?\na 401(k) is created through…

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

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

Answer

Brief Explanations:

A 401(k) is an employer - sponsored retirement plan. An IRA is set up by an individual. The key difference here is the sponsorship source.

Answer:

A. A 401(k) is created through an individual's employer.