401(k) Plan
An employer-sponsored retirement account funded with pre-tax or Roth contributions, often with a company match, that grows tax-deferred until withdrawal.
Related terms
Annuity
An insurance contract that converts a lump sum into a stream of payments, often used to create predictable retirement income.
Keogh PlanA tax-deferred retirement plan for self-employed individuals and unincorporated businesses.
Roth IRAA retirement account funded with after-tax money where qualified withdrawals, including growth, are tax-free.