retirement plan
- noun
- /rɪˈtaɪərmənt plæn/
- He has been contributing to his retirement plan for over ten years to ensure financial stability after he stops working.
- qualified retirement plan
- salary and a retirement plan
- balance in a retirement plan
So then that's the early retirement plan, which I love personally.
- So then that's the early retirement plan, which I love personally.
- So that's not a retirement plan, that's a supplemental savings plan.
- I want my benefits and I want a, a retirement plan.
- The first was a tax on excess profits, which made the tax shelter offered by retirement plans more attractive to employers.
- And this is generated if you have leveraged real estate and retirement plans, you may be subject to this UBTI tax.
- My concern is my the old guys like me are sitting there with their retirement plans which are broke.
Examples
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I don't have a retirement plan.
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They've got the finest retirement plan I've ever seen, and the pension starts 15 years before retirement.
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The other day he asked about my retirement plan.
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Social Security and retirement plans attend to our financial needs.
Academic text (1999) -
No employer is required to establish a retirement plan. Many do not.
Academic text (2016) -
Finally, any given retirement plan offers only a relatively small number of mutual funds.
Academic text (2018) -
I've not actually got a retirement plan in place.
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If you are banking on Social Security as your retirement plan, that's probably not a good idea.
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A Roth IRA is a retirement plan that you set up on your own outside of your workplace.
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In contrast, most private sector retirement plans are so-called defined contribution plans, such as 401(k)s.
Academic text (2018)
Synonyms
An account people use to save money for retirement with tax benefits
Money that an employer or worker saves regularly to give income after you stop working
A plan where you save money to use after you stop working
A US retirement plan where workers save part of pay before tax and employers often add money, taxed when taken
A US savings account for money used after you stop working that grows without tax until you take it out
A plan that helps people save money to use after they stop working
Money you regularly save to use after you stop working
An account that holds money to use after you stop working
An account for saving money to use after you stop working
A program from an employer that lets workers save part of their pay for retirement or other future needs
A US retirement account where workers put money before tax and employers often add money
How Prepared
Surface Forms
Morphology
The meaning is directly and compositionally built from 'retirement' (the process of removing something from use) + 'plan' (ordered steps), so a learner who knows both words can infer it refers to a plan for taking something out of service. This construction is cross-linguistically common and follows normal noun+noun compounding patterns, making it immediately comprehensible to a B1 learner.
Etymology
Retirement plan comes from the idea of retire meaning 'to stop working' and plan meaning a way to save or arrange money. So a retirement plan is a way to put money aside to have income after you stop working.