Found 1 items, similar to 401-k plan.
English → English (WordNet) Definition: 401-k plan 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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn at which point they can be converted into and IRA; funds can be transfered if you change employers and you can (to some extent) manage the investments yourself [syn: 401-k]