401-k plan

listen to the pronunciation of 401-k plan
İngilizce - İngilizce

401-k plan teriminin İngilizce İngilizce sözlükte anlamı

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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn at which point they can be converted into and IRA; funds can be transfered if you change employers and you can (to some extent) manage the investments yourself