{According to many experts in the marketplace, 401K tax deduction is not a real tax deduction. In fact, it defers tax payments for the amount one invests until any withdrawal is made before or even in retirement. This is what constitutes a 401K account a well known tax-deferral account offered to the U.S. citizens and in some other countries.

{According to many experts in the marketplace, 401K tax deduction is not a real tax deduction. In fact, it defers tax payments for the amount one invests until any withdrawal is made before or even in retirement. This is what constitutes a 401K account a well known tax-deferral account offered to the U.S. citizens and in some other countries.