401(k)

[fawr-oh-wuhn-key, fohr‐]

noun

a savings plan that allows employees to contribute a fixed amount of income to a retirement account and to defer taxes until withdrawal.

Nearby words

  1. 3g,
  2. 4 × 4,
  3. 4-alpha-d-glucanotransferase,
  4. 4-f,
  5. 4-pyridoxic acid,
  6. 401(k) plan,
  7. 404,
  8. 411,
  9. 420,
  10. 45

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019