- retirement plan
- nouna plan for setting aside money to be spent after retirement• Syn: ↑pension plan, ↑pension account, ↑retirement savings plan, ↑retirement savings account, ↑retirement account, ↑retirement program
* * *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
* * *1. a systematic plan made and kept by an individual for setting aside income for his or her future retirement.
* * *noun, pl ⋯ plans [count]US : a system for saving money for use during your retirement
My employer offers a good retirement plan.
* * *= ↑pension plan
Useful english dictionary. 2012.
Look at other dictionaries:
retirement plan — UK US noun [C] US HR, FINANCE ► PENSION PLAN(Cf. ↑pension plan): »Premature withdrawals from retirement plans may have adverse tax consequences. »What s your company retirement plan worth right now? … Financial and business terms
retirement plan — n. A financial package that is payable to an employee after retirement, such as a pension or 401(k) plan. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 … Law dictionary
Retirement plan — A retirement plan is an arrangement to provide people with an income, or pension, during retirement, when they are no longer earning a steady income from employment. Retirement plans may be set up by employers, insurance companies, the government … Wikipedia
retirement plan — 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). * * * … Universalium
retirement plan — re tirement ,plan noun count AMERICAN a system by which you save money from your pay for your RETIREMENT … Usage of the words and phrases in modern English
retirement plan — noun (C) AmE a system for saving money for your retirement, especially if you will not receive money from your employer compare pension plan … Longman dictionary of contemporary English
retirement plan — re tirement .plan n AmE a system for saving money for when you stop work, done either through your employer or arranged by you … Dictionary of contemporary English
French special retirement plan — In France employees of some government owned corporations enjoy a special retirement plan, collectively known as régimes spéciaux de retraite . These professions include employees of the SNCF (national railways), the RATP (Parisian transport),… … Wikipedia
qualified retirement plan — A retirement plan that meets certain requirements under the Internal Revenue Code and is thus eligible for special tax considerations and benefits. Often, the plan allows employers to make tax deductible contributions on behalf of eligible… … Law dictionary
qualified retirement plan — A retirement plan established by employers for their employees that meets the requirements of Internal Revenue Code Section 401( a) or 403( a) and is eligible for special tax considerations. The plan may provide for employer contributions, as in… … Financial and business terms