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Definition of 401(k) noun from the Oxford Advanced Learner's Dictionary

401(k)

noun
 
/ˌfɔːr əʊ wʌn ˈkeɪ/
 
/ˌfɔːr əʊ wʌn ˈkeɪ/
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  1. (in the US) an account in which an employee can save money for their retirement without paying tax until the money is taken out
    • Does your employer have a 401(k) plan?
See 401(k) in the Oxford Advanced American Dictionary
trait
noun
 
 
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