retirement savings plan
1
2.5
- noun
- /rɪˈtaɪərmənt ˈseɪvɪŋz plæn/
:
plan de ahorros para la jubilación
- Those investments were eligible for what we called our registered retirement savings plan.
- 401(k) retirement savings plan
- employer-sponsored retirement savings plan
- tax-deferred retirement savings plan
Examples
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Many financial advisors recommend starting a retirement savings plan as early as possible.
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If your employer offers a retirement savings plan, sign up and contribute all you can.
Blog text (1) -
Take advantage of the employer's retirement savings plan.
Blog text (1) -
If your employer offers a 401(k) or other retirement savings plan, start making contributions as soon as possible.
Blog text (10) -
At the state level, there has been rapidly growing momentum for state-sponsored retirement savings plans for non-public employees without access to employer-sponsored plans.
Academic text (2016) -
Like federal healthcare reform and the myRA effort, the state-level reforms aim to disentangle access to retirement savings plans from employment status and from the preferences of particular employers.
Academic text (2016) -
FERS has three sources of retirement income: a basic benefit, a retirement savings plan (the Thrift Savings Plan), and Social Security (or the FERS supplement if you're below Social Security retirement age).
Blog text (8) -
It's important to regularly contribute to your retirement savings plan to secure your future finances.
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She decided to increase her contributions to her retirement savings plan after receiving a raise.
Synonyms
56
4.7
An account people use to save money for retirement with tax benefits
27
3.1
Money that an employer or worker saves regularly to give income after you stop working
27
3.0
A set of savings and investments that gives you money after you stop working
21
3.0
A plan where you save money to use after you stop working
10
3.5
A US retirement plan where workers save part of pay before tax and employers often add money, taxed when taken
4
5.0
A US savings account for money used after you stop working that grows without tax until you take it out
3
3.0
A plan that helps people save money to use after they stop working
1
3.1
An account that holds money to use after you stop working
1
3.3
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
How Regular
Surface Forms
Morphology
retirement + savings + plan
The meaning is directly and transparently derived from 'retirement' (period after leaving work) + 'savings' (funds set aside) + 'plan' (a set of steps), yielding a financial arrangement to set aside money for use after retirement. This straightforward compositional structure is cross-linguistically common and would be understandable to a B1 learner who knows the constituent words.
Etymology
Retirement savings plan comes from the simple image of putting money away now for use later in life. Here retirement means the time you stop working, savings are money you keep, and a plan is a regular way to do it, so the phrase means a system to save money for use 'after retirement'.