401(k)

English

Etymology

From section 401(k) of the US Internal Revenue Code, which provides for such accounts.

Pronunciation
  • IPA(key): /fɔɹ.oʊ.wʌn.keɪ/

Noun

401(k) (plural 401(k)s)

  1. (US) A tax-qualified, defined-contribution pension account.
This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.