{"id":1218,"date":"2018-08-10T20:39:53","date_gmt":"2018-08-10T20:39:53","guid":{"rendered":"https:\/\/scrantonfg.com\/glossary\/401k-plan\/"},"modified":"2018-08-10T20:39:53","modified_gmt":"2018-08-10T20:39:53","slug":"401k-plan","status":"publish","type":"glossary","link":"https:\/\/scrantonfg.com\/glossary\/401k-plan\/","title":{"rendered":"401(k) Plan"},"content":{"rendered":"<p>A qualified retirement plan available to eligible employees of companies. 401(k) plans allow eligible employees to defer taxation on a specific percentage of their income that is to be put toward retirement savings; taxes on this deferred income and on any earnings the account generates are deferred until the funds are withdrawn\u2014normally in retirement. Employers may match part or all of an employee\u2019s contributions. Employees may be responsible for investment selections and enjoy the direct tax savings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A qualified retirement plan available to eligible employees of companies. 401(k) plans allow eligible employees to defer taxation on a specific percentage of their income that is to be put [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"menu_order":51,"template":"","meta":{"inline_featured_image":false},"_links":{"self":[{"href":"https:\/\/scrantonfg.com\/wp-json\/wp\/v2\/glossary\/1218"}],"collection":[{"href":"https:\/\/scrantonfg.com\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/scrantonfg.com\/wp-json\/wp\/v2\/types\/glossary"}],"author":[{"embeddable":true,"href":"https:\/\/scrantonfg.com\/wp-json\/wp\/v2\/users\/4"}],"version-history":[{"count":0,"href":"https:\/\/scrantonfg.com\/wp-json\/wp\/v2\/glossary\/1218\/revisions"}],"wp:attachment":[{"href":"https:\/\/scrantonfg.com\/wp-json\/wp\/v2\/media?parent=1218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}