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Definition of 401-k
1. Noun. 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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can (to some extent) manage the investments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.
Exact synonyms: 401-k Plan
Generic synonyms: Pension Account, Pension Plan, Retirement Account, Retirement Plan, Retirement Program, Retirement Savings Account, Retirement Savings Plan
Generic synonyms: Pension Account, Pension Plan, Retirement Account, Retirement Plan, Retirement Program, Retirement Savings Account, Retirement Savings Plan
Lexicographical Neighbors of 401-k
| 38 38th 39 39th 3D 3d radar 3rd 3rd October Organization 3TC 4 | 4-hitter 4-membered 40 400 400th 401-k (current term) 401-k plan 40th 41 41st | 42 42nd 43 43rd 44 440 yards 44th 45 45th 46 |
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