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Shopping The largest selection of 401-K PLAN products: USA, UK, Canada, Deutschland, France.
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401-k plan > noun, cognition
MeaningA 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 Contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn at which point they can be converted into and IRA. Funds can be transfered if you change employers and you can (to some extent) manage the investments yourself.
Synonyms401-k
Broaderpension plan, pension account, retirement plan, retirement savings plan, retirement savings account, retirement account, retirement program

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