Definitions

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can (to some extent) manage the investments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

Etymologies

Sorry, no etymologies found.

Examples

Sorry, no example sentences found.

Wordnik is becoming a not-for-profit! Read our announcement here.

Comments

Log in or sign up to get involved in the conversation. It's quick and easy.