What is another word for 401-k?
Synonyms for 401-k
401-k
This thesaurus page includes all potential synonyms, words with the same meaning and similar terms for the word 401-k.
Princeton's WordNet
401-k plan, 401-knoun
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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can (to some extent) manage the investments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
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How to use 401-k in a sentence?
You can tell HR, I want to put 50 percent of my (extra) paycheck into my 401(k). It's usually pretty flexible, you can even have a whole paycheck go in and then be done contributing for the year.
The common wisdom is to withdraw money from the IRA or 401(k) last, but doing some of that in the early years - or doing some Roth conversion - can help.
Even without a company match, 401( k) contributions are one of the best remaining tax deductions, it is sacred money because there are no longer pensions for most people. If you just have that and Social Security, don't touch Social Security and let Social Security accumulate.
Many employers match contributions to a 401( k), which means maxing out can significantly increase the money in your account.
You have no choice but to vote for me because your 401( k), everything is going to be down the tubes, whether you love me or hate me, you've got to vote for me.
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"401-k." Synonyms.com. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.synonyms.com/synonym/401-k>.
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