SKIP TO CONTENT

retirement program

Definitions of retirement program
  1. noun
    a plan for setting aside money to be spent after retirement
    synonyms: pension account, pension plan, retirement account, retirement plan, retirement savings account, retirement savings plan
    see moresee less
    types:
    401-k, 401-k plan
    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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can (to some extent) manage the investments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
    IRA, individual retirement account
    a retirement plan that allows you to contribute a limited yearly sum toward your retirement; taxes on the interest earned in the account are deferred
    Keogh plan
    a tax-deferred pension plan for employees of unincorporated businesses or for self-employed persons
    type of:
    plan, program, programme
    a series of steps to be carried out or goals to be accomplished
Word Family
EDITOR’S CHOICE

Test prep from the experts

Boost your test score with programs developed by Vocabulary.com’s experts.

  • Proven methods: Learn faster, remember longer with our scientific approach.
  • Personalized plan: We customize your experience to maximize your learning.
  • Strategic studying: Focus on the words that are most crucial for success.

SAT/PSAT

$29.95
  • Number of words: 500+
  • Duration: 8 weeks or less
  • Time: 1 hour / week

TOEFL

$29.95
  • Number of words: 500+
  • Duration: 10 weeks or less
  • Time: 1 hour / week

ACT

$29.95
  • Number of words: 700+
  • Duration: 10 weeks
  • Time: 1 hour / week