401-k plan


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

Pronunciation: / keɪ plan /

  • noun
  • synonym
  • antonym
Word Forms:
Singular Plural
401-k plan 401-k plans
  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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can manage the investments yourself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
    Not found!
synonym
antonym