Definitions
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- 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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can (to some extent) manage the investments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
Etymologies
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Examples
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“Unlike most private-sector workers, whose retirement is driven by the strength of the stock market and their 401-k plans, the pensions for government employees are guaranteed.”
Coyote Blog » Blog Archive » In Case You Were Not Depressed Enough… 2010
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Unlike most private-sector workers, whose retirement is driven by the strength of the stock market and their 401-k plans, the pensions for government employees are guaranteed.
Coyote Blog » Blog Archive » In Case You Were Not Depressed Enough… 2010
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Be prepared to cash it all in -- your savings, your 401-k -- to keep your organization or movement afloat.
Jim Luce: Fifty Lessons Learned from a Decade of Service in International Development 2010
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Our assessment of the pros and cons of each defined benefit (traditional pension plans) and defined contribution (401-k, IRA, TSP) is as follows:
Archive 2008-01-01 xtra 2008
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Our assessment of the pros and cons of each defined benefit (traditional pension plans) and defined contribution (401-k, IRA, TSP) is as follows:
Xtra's Midwestern Holiday Trip xtra 2008
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Be prepared to cash it all in -- your savings, your 401-k -- to keep your organization or movement afloat.
Fifty Lessons Learned from a Decade of Service in International Development 2010
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Could your 401-k be riding on it -- when 360 continues.
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However, when we are riding the 401-k roller coaster, experiencing the worst unemployment rate in 25 years and moving through the trials of a heinous economy, it can be an elusive experience.
Jason Mannino: Choosing Optimism When Pessimism Would Be Easier 2009
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But if employers instead started giving cash grants to employees, how likely would it be that they give equal amounts to all rather than distribute it the way they do retirement 401-k contributions, which is based on salary?
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Wal-Mart saves families nearly $2,000 a year on average, Wal-Mart is hiring, and even part-timers at Wal-Mart get an employer match in their 401-k!
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