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Từ điển WordNet v3.1 - WordNet Dictionary
401-k plan


noun
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contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA;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
Syn:
401-k
Hypernyms:
pension plan, pension account, retirement plan, retirement savings plan, retirement savings account,
retirement account, retirement program


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