You might have money taken out of your paycheck automatically to be put into a 401 (k)-- and have that amount increase by a certain percentage every year. (policygenius.com)
The money comes out of your paycheck before taxes and can be withdrawn tax - free for qualified health expenses (an added benefit of the account). (gobankingrates.com)
Your workplace takes money out of your paycheck before income taxes are taken out and deposits this in your plan. (thesimpledollar.com)