Finance & Banking
401(k)
fɔːr oʊ wʌn keɪ
nounWhat does 401(k) mean?
An employer retirement account with tax benefits.
Example sentence
"I contribute 10% to my 401(k)."
American usage tip
Always take the full employer match — it's free money.
Finance & Banking
fɔːr oʊ wʌn keɪ
nounAn employer retirement account with tax benefits.
"I contribute 10% to my 401(k)."
Always take the full employer match — it's free money.