401-K as NOUN

  1. Meaning
    • 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    • contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn at which point they can be c
    Synonym(s) Hypernyms(s) 401-k is a kind of… Example: animal is a hypernym of mammal, plant is a hypernym of flower