单词 | retirement savings plan |
释义 | retirement savings plan (once / 1688473 pages) n WORD FAMILY retirement savings plan USAGE EXAMPLESOn average, millennials first enrolled in a retirement savings plan at age 23, while Gen X signed up at age 27 and boomers, at 31. Time(Nov 23, 2016) Read more: Nearly 7 million Californians will be automatically enrolled in state-run retirement savings plan under new law » Los Angeles Times(Nov 18, 2016) Why do I need a workplace retirement savings plan in the first place? New York Times(Nov 04, 2016) n a plan for setting aside money to be spent after retirement Syn|Hypo|Hyper pension account, pension plan, retirement account, retirement plan, retirement program, retirement savings account 401-k, 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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can (to some extent) manage the investments yourself IRA, individual retirement accounta retirement plan that allows you to contribute a limited yearly sum toward your retirement; taxes on the interest earned in the account are deferred Keogh plana tax-deferred pension plan for employees of unincorporated businesses or for self-employed persons plan, program, programme a series of steps to be carried out or goals to be accomplished |
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