Susan Chambers, a partner in the Tax Practice Group in the New Orleans office, and Linda Bounds Keng, a partner in the firm's Tax Practice Group in the Jackson office, authored the chapter titled "Defined Contribution Plans, Section 401(k) Plans: Tax Aspects" in the Bloomberg Law Benefits Guide. In this chapter, Susan and Linda discuss the basics of 401(k) plans, plan requirements, elective deferrals, and nondiscrimination rules, and include several practice tips and recommendations for readers.