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retirement account

retirement account

21 3.0
A plan where you save money to use after you stop working
  • noun
  • /rɪˈtaɪərmənt əˈkaʊnt/
  • US
translation icon : cuenta de jubilación (EE. UU.)
  • After years of saving, she finally had enough in her retirement account to retire comfortably.
  • individual retirement account

So another thing that I've seen, so how how much do retirement accounts play into your guys strategy?

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Examples

  • So fund your retirement accounts at least up to the maximum matching amounts.

  • Many older persons have put substantial amounts of money into individual retirement accounts.

    Academic text (2004)
  • Miller had access to our retirement account.

  • I'll tell you, that is one amazing retirement account.

    Fiction book (1990)
  • The first way to borrow from yourself is by using your retirement account.

    Blog text (15)
  • In the grand scheme of things, however, $2 million in a retirement account doesn't make you rich.

    Blog text (14)
  • Twenty-seven percent of women did not have a retirement account of any kind.

    Blog text (5)
  • At least with the help of 401K, they are automatically building a retirement account.

    Blog text (20)
  • Employees would select from among readily comparable options the investments for their retirement account assets.

    Academic text (2016)
  • If your employer doesn't offer a retirement plan, consider opening an Individual Retirement Account, or IRA.

    Blog text (10)

Synonyms

IRA
vsretirement account
  • Specialized
56 4.7

An account people use to save money for retirement with tax benefits

is more general and not always tied to tax rules or yearly limits
pension fund
vsretirement account
47 3.0

An organization that collects and manages money to pay people after they stop working

is broader because it can mean the money itself or the organization managing it
pension plan
vsretirement account
  • US
27 3.1

Money that an employer or worker saves regularly to give income after you stop working

differs by being a general label for any saving method for later income
retirement plan
vsretirement account
27 3.0

A set of savings and investments that gives you money after you stop working

is broader covering many saving options rather than one method
retirement fund
vsretirement account
14 3.1

Money saved to give you regular income after you stop working

is the term for the saved money rather than the type of saving arrangement
Roth IRA
vsretirement account
  • Specialized
5 5.1

A US retirement account you pay tax on now and can take out money later without paying tax

is the most specific adding a distinct tax timing difference from the general term
individual retirement account
vsretirement account
  • Specialized
4 5.0

A US savings account for money used after you stop working that grows without tax until you take it out

focuses on specific tax treatment and timing unlike the general saving label
retirement program
vsretirement account
3 3.0

A plan that helps people save money to use after they stop working

focuses on system support rather than the basic act of saving money
retirement savings account
vsretirement account
1 3.1

An account that holds money to use after you stop working

is the general label for such saving methods rather than specific rules
retirement savings plan
vsretirement account
1 2.5

Money you regularly save to use after you stop working

emphasizes regular contributions rather than a single financial vehicle
pension account
vsretirement account
1 3.3

An account for saving money to use after you stop working

is similar but the key covers both employer and personal saving methods

How Funded

pension fund
47 3.0
retirement account
  • US
21 3.0
fund
913 1.8
dormant account
  • Formal
1 5.1

Surface Forms

Morphology

retirement + account

The meaning 'a financial account for use after one retires' is directly derivable from combining 'retirement' (leaving work) and 'account' (a record or place for money), so the compound describes an account designated for retirement savings. This compositional pattern (noun + noun denoting purpose) is common across languages and within English, so a B1 learner who knows both constituents will readily understand it.

Etymology

Retirement account comes from the idea of a special account where you keep money for when you retire, or 'stop work'. Imagine a locked box or piggy bank labelled 'retirement' where you add money bit by bit so you can use it 'later', and that's why the phrase means a savings plan to use after you leave work.