The 401(k) investment menu is the list of options available to place 401(k) plan contributions. Typically consisting of pooled investment options, like mutual funds, collective investment trusts (CITs), and others, the 401(k) plan administrator usually decides what products to include in the menu, often with the help of a 401(k) advisor and only after consulting with the 401(k) plan committee.
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- What is a 401(k) Plan?
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- What is an Individual Retirement Account (IRA)?