Definition of 401-k Plan in English :
Define 401-k Plan in English
401-k Plan meaning in English
Meaning of 401-k Plan in English
Pronunciation of 401-k Plan in English
401-k Plan pronunciation in English
Pronounce 401-k Plan in English
401-k Plan
see synonyms of 401-k planNoun
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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can (to some extent) manage the investments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.