401-K
(noun)Definitions
There is 1 meaning of the abbr
401-K.
401-K - as a 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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an ira; funds can be transferred if you change employers and you can (to some extent) manage the investments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
Synonyms (Exact Relations)
401-k planExample Sentences
"I contribute a portion of my salary to my 401-k."
"My employer offers a matching program for my 401-k contributions."
"I received a statement showing the growth of my 401-k investments."
"I need to review my 401-k portfolio to make sure it aligns with my goals."
"It's important to start saving for retirement early, and a 401-k can help."
Word Game Points
Is 401-K a valid Scrabble word?
No, 401-k is NOT valid for Scrabble
Is 401-K a valid Words With Friends word?
No, 401-k is NOT valid for Words With Friends
Invalid Word401-K is not a valid Words With Friends word.
Is 401-K a valid WordFeud word?
No, 401-k is NOT valid for WordFeud
Invalid Word401-K is not a valid WordFeud word.
