English dictionary



Hint: Question mark (?) is a wildcard. Question mark substitutes one character.

English noun: 401-k

1. 401-k (cognition) a retirement savings plan that is funded by employee contributions and (often) matching contributions from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can (to some extent) manage the investments yourself


Synonyms401-k plan


Broader (hypernym)pension account, pension plan, retirement account, retirement plan, retirement program, retirement savings account, retirement savings plan









Based on WordNet 3.0 copyright © Princeton University.
Web design: Orcapia v/Per Bang. English edition: .
2024 onlineordbog.dk