Which plan is also referred to as a (k) plan, allowing tax-deferred salary deferrals for retirement?

The plan referred to as a (k) plan and allowing tax-deferred salary deferrals for retirement is indeed the cash or deferred arrangements. This term encompasses plans like the 401(k) which are designed for employee contributions, facilitating tax-deferred growth. Participants can choose to defer a portion of their salary into the plan on a pre-tax basis, meaning they do not pay taxes on that deferred amount until they withdraw it during retirement, thus providing a beneficial way to save for the future.

Other options, while they do involve tax-deferred contributions as well, refer specifically to other types of retirement plans, such as the 457 plan for government and certain nonprofit employees, the Simple IRA which is designed for small businesses, and the 403(b) plan for certain tax-exempt organizations. However, each of these plans has distinct rules and is not generically referred to as a (k) plan.