Found 1 items, similar to 401-k.
English → English (WordNet)
Definition: 401-k
401-k
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withdrawn at which point they can be converted into and
IRA; funds can be transfered if you change employers and
you can (to some extent) manage the investments yourself
[syn:
401-k plan]