401-k plan

All possible synonyms of the word 401-k plan as well as its hypernyms, hyponyms, antonyms, derivations, entailments, meronyms, pertainyms, domain members, similar words, verb groups, and so on...

401-k plan, 401-k

Definition

  • 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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can (to some extent) manage the investments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

Synonyms

  • 401-k plan
  • 401-k

Hypernyms

  • pension plan, pension account, retirement plan, retirement savings plan, retirement savings account, retirement account, retirement program: a plan for setting aside money to be spent after retirement

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