bn:00000114n
Noun Concept
Categories: Articles with short description, Taxation in the United States, Retirement plans in the United States, Tax-advantaged savings plans in the United States, Internal Revenue Code
EN
401-k plan  401-k  401  401 k  401(k) loan
EN
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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can (to some extent) manage the investments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 3.0
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EN
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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can (to some extent) manage the investments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 3.0 & Open English WordNet
In the United States, a 401 plan is an employer-sponsored, defined-contribution, personal pension account, as defined in subsection 401 of the U.S. Internal Revenue Code. Wikipedia
A type of U.S. employer-sponsored retirement plan defined by a subsection of the Internal Revenue Code Wikipedia Disambiguation
Type of retirement/pension plan in the United States Wikidata
A tax-qualified, defined-contribution pension account. Wiktionary
WordNet 3.0 & Open English WordNet
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