401-k


Definition: Meaning of, 401-k in English to English dictionary.

Pronunciation: / keɪ /

  • noun
  • synonym
  • antonym
Word Forms:
Singular Plural
401-k 401-ks
  1. to some extent often a retirement savings plan that is funded by employee contributions and 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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can manage the investments yourself
    SYNONYM
    ANTONYM
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synonym
antonym

401-k used in phrases

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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can manage the investments yourself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