retirement plan


retirement plan
noun
a plan for setting aside money to be spent after retirement
Hypernyms: ↑plan, ↑program, ↑programme

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noun
: a systematic arrangement established by an employer for guaranteeing an income to employees upon retirement according to definitely established rules with or without employee contributions but usually funded — compare pension plan

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1. a systematic plan made and kept by an individual for setting aside income for his or her future retirement.
2. See pension plan (def. 1).

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noun, pl ⋯ plans [count]
US : a system for saving money for use during your retirement

My employer offers a good retirement plan.

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reˈtirement plan 7 [retirement plan] noun (NAmE)

Useful english dictionary. 2012.

Look at other dictionaries:

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