401(k)

English Alternative forms en 401k nonstandard Etymology From section 401(k) of the US Internal Revenue Code, which provides for such accounts. Pronunciation fôr-ō-wŭn-kāen missing stress en /fɔɹ.oʊ̯.wʌn.keɪ̯/ GenAm en LL-Q1860 (eng)-Aadenboy-401(k).wav US en 401(k) Noun en Q1206798 en US A tax-qualified, defined-contribution pension account. en Penelope Wang A 401(k) of Your Own w:CNN Money https://money.cnn.com/magazines/moneymag/moneymag_archive/2005/03/01/8251198/index.htm 2005-03-01 Entrepreneurs have responded enthusiastically: Solo 401(k) assets now stand at $2.5 billion, and could hit $90 billion by 2012.It's easy to see why the plans are becoming so popular. As with ordinary 401(k)s, as well as SEP-IRAs designed for the self-employed, individual 401(k)s allow you to invest a portion of your income on a pretax basis—and your contributions grow tax-deferred. 1 April 2025 https://web.archive.org/web/20250401023333/https://money.cnn.com/magazines/moneymag/moneymag_archive/2005/03/01/8251198/index.htm 1 April 2025 en 2006-04-23T20:22:00.000Z Walter Hamilton; Kathy M. Kristof; Josh Friedman From the Archives: Fees Eat Away at Employees’ 401(k) Nest Eggs w:Los Angeles Times https://www.latimes.com/business/la-fi-retirement-series-20060423-story.html John Fuchs was checking his 401(k) account online one afternoon when he saw something that seemed amiss. en 2008 January–February Steve Calechman 5 Things You Can Stop Worrying about (And 5 Others that Should Trouble You Deeply) w:Men's Health 23 1 1054-4836 6ccDAAAAMBAJ 148 401(k) Contribute 10 percent of your salary each month to your 401(k), and you're good. Start at age 25 making $50,000 a year, and earn a 3 percent annual raise until retirement. en United States