What does 401-k plan mean?

Definitions for 401-k plan

Here are all the possible meanings and translations of the word 401-k plan.

Princeton's WordNet

  1. 401-k plan, 401-k(noun)

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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can (to some extent) manage the investments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


  1. Chaldean Numerology

    The numerical value of 401-k plan in Chaldean Numerology is: 1

  2. Pythagorean Numerology

    The numerical value of 401-k plan in Pythagorean Numerology is: 9

Sample Sentences & Example Usage

  1. An ICI spokesperson:

    The mutual fund industry supports these efforts and clear disclosure of all fees and expenses in connection with any rollover of assets from a 401(k) plan to an IRA.

  2. Kim Jenson:

    If you’re thinking about borrowing from your 401(k) plan or any lending institution, be really strategic about your borrowing, understand why you think tapping into your 401(k) or borrowing money is important. Think about why you’re investing in your 401(k) in the first place. It’s because it’s a very efficient way to save for your retirement.

Images & Illustrations of 401-k plan

  1. 401-k plan401-k plan401-k plan


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"401-k plan." Definitions.net. STANDS4 LLC, 2018. Web. 21 Feb. 2018. <https://www.definitions.net/definition/401-k plan>.

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