单词 | 401k |
释义 | 401K in Insurance (fɔr oʊ wʌn keɪ) Word forms: (regular plural) 401Ks noun (Insurance: Life insurance, Pensions) A 401K is a U.S. retirement saving scheme. Named for subsection 401(k) of the U.S. Internal Revenue code 401K plans are part of a group of retirement plans known as defined contribution plans. If your employer offers a 401K, and you participate in it as soon as possible, you can have a sizable amount inyour account by the time you retire. A 401K is a U.S. retirement saving scheme. |
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