Retirement plans, open to employees at most large companies and many small ones. Within limits, employees can contribute to the 401(k) plan by having a designated amount of pretax dollars deducted from their paychecks. The employer often matches part of the employee's contribution. The employee pays no taxes until starting to withdraw the money, which he or she must do between the ages of fifty-nine and a half and seventy and a half. (See also Keogh plans.)
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How to use 401(k) plan in a sentence
The plan is to stretch it out as long as possible, then probably forget about it, and then suddenly remember it.‘Archer’ Creator Adam Reed Spills Season 6 Secrets, From Surreal Plotlines to Life Post-ISIS|Marlow Stern|January 8, 2015|DAILY BEAST
Did the airline file a flight plan that took account of the weather en route from Surabaya, Indonesia, to Singapore?Annoying Airport Delays Might Prevent You From Becoming the Next AirAsia 8501|Clive Irving|January 6, 2015|DAILY BEAST
The various members met for the first time when they traveled to Gambia at the beginning of December to carry out their plan.The Shadowy U.S. Veteran Who Tried to Overthrow a Country|Jacob Siegel|January 6, 2015|DAILY BEAST
Her new comments will only add to ongoing speculation that the Yorks plan, one day, to remarry.
The family behind Sotto Sotto says that they plan to rebuild, but an insider tells me it may be a while.The Fiery Death of Sotto Sotto, Toronto’s Celebrity Hotspot|Shinan Govani|December 30, 2014|DAILY BEAST
They shall plan how this may be done with due propriety, and shall advise us of their action.
Gordon gave a bitter laugh and went on, with the same strange, serious air of explaining his plan.Confidence|Henry James
Joachim, as time showed, never forgave the Emperor for the failure of his cherished plan.Napoleon's Marshals|R. P. Dunn-Pattison
Ripperda's attention was next directed to put his plan of escape, in train for execution.The Pastor's Fire-side Vol. 3 of 4|Jane Porter
Still another kind of war credit bank was created on the co-operative plan to assist the middle and lower classes.Readings in Money and Banking|Chester Arthur Phillips