Canadian English Meaning of 401-k plan

401-k plan

Other Canadian English words related to 401-k plan

No Synonyms and anytonyms found

Definitions and Meaning of 401-k plan in English

Wordnet

401-k plan (n)

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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can (to some extent) manage the investments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

FAQs About the word 401-k plan

401-k plan

a retirement savings plan that is funded by employee contributions and (often) matching contributions from the employer; contributions are made from your salary

No synonyms found.

No antonyms found.

401-k => 401-k, 400th => 400th, 3tc => 3tc, 3rd october organization => 3rd October organisation, 3rd => third,