Retirement tax questions

401(k) plans are employer sponsored plans.   What type if 401(k) plan it this?  Is it some sort of self-employed plan?

 

Normally you cannot make any direct deposit or withdrawal from a 401(k) plan yourself without going through the plan trustee.

 

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**