seema has just posted in the SAP HR Forum forum of Wiki Newforum under the title of 401 K plans.
This thread is located at http://www.wikinewforum.com/showthread.php?t=15757
Here is the message that has just been posted:
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401K is Benefits Savings plan configured for USA. there cannot be type of plans but different vendors for 401K. the combined contribution an employee can make for a year is $15500 from Jan 2009.
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