Definition of 401-k in English :
Define 401-k in English
401-k meaning in English
Meaning of 401-k in English
Pronunciation of 401-k in English
401-k pronunciation in English
Pronounce 401-k in Englishsee synonyms of 401-k
1. 401-k, 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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can (to some extent) manage the investments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
WordNet Lexical Database for English. Princeton University. 2010.
Webster’s New World College Dictionary, 4th Edition. Copyright © 2010 by Houghton Mifflin Harcourt. All rights reserved.