Definition 401(k) plan

English vocabulary and translations (See all our English vocabulary translation)

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Definition

a 401(k) plan: a defined contribution plan, a fixed pension scheme (USA)
noun

Examples

  • "Your company provides its employees with a retirement plan called a 401(k)."
  • "I'm afraid the 401(k) plans are reserved for full-time, salaried employees."
  • "Icarus : Yes, almost all Delavigne Corporation employees contribute to something called a 401(k) plan."
  • "The 401(k) plan is a "defined contribution plan"."
  • "We manage the Delavigne Corporation's 401(k) plans."
  • "Edward : Ok. 401(k)?"
  • "Kate : Mr. Cheeter, you're currently paying 350 dollars into your 401(k) plan every month."
  • "A 401(k)!"
  • "My name is Kate Baker, I'm the account manager for your 401(k) plan at American Banking Solutions."

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