slovodefinícia
401-k
(wn)
401-k
n 1: 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taxes and the funds grow tax-free until they are withdrawn,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 [syn: 401-k plan,
401-k]
podobné slovodefinícia
401-k plan
(wn)
401-k plan
n 1: 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taxes and the funds grow tax-free until they are withdrawn,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 [syn: 401-k plan,
401-k]

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