401-k plan
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| 401-k plan | |
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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can (to some extent) manage the investments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 |
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401-k plan
is always a great word to know.
So is quincunx. Does it mean:
| an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle. |
| a stew of meat, vegetables, potatoes, etc. |
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