401(okay) plans and 401(a) plans are each employer-sponsored retirement financial savings plans, however they differ in who provides them and a number of other different key particulars.
401(a) vs. 401(k): What's the Difference?
![401(a) vs. 401(k): What's the Difference? 1 401(a) vs. 401(k): What's the Difference?](https://globalonlinemony.com/wp-content/uploads/https://www.investopedia.com/thmb/dyinekCYVKpp6BP-1NrIxAwBtmc=/680x440/filters:fill(auto,1)/retirment_plan_form-5bfc328d46e0fb002602bcad.jpg)
401(okay) plans and 401(a) plans are each employer-sponsored retirement financial savings plans, however they differ in who provides them and a number of other different key particulars.