Although typically associated with employment and finance, a 401(K) Plan can surface in personal injury law in contexts such as settlements or loss of income calculations. A 401(K) Plan, a retirement savings account, allows workers to save and invest a piece of their paycheck before taxes are taken out. In legal instances, particularly concerning wage loss or retirement impact due to injury, understanding the nuances of how a personal injury might impact one’s 401(K) Plan, both presently and in future financial landscapes, is crucial for accurately determining compensatory amounts.