Recent Examples on the WebFor instance, baby boomers with bachelor's degrees have median retirement savings of almost $600,000, but those with only a high school diploma have only about $75,000 socked away, a recent study found.—Aimee Picchi, CBS News, 9 May 2024 In an ideal world, renters would sock away that extra money as emergency savings.—Aldo Svaldi, The Denver Post, 5 May 2024 Rachael, a 33-year-old nonprofit manager, said the $3,400-a-month mortgage payment is proving to be a huge expense, especially on top of raising their eight-month-old son, paying for a bigger car and socking away money in a 529 college savings plan.—Matt Egan, CNN, 2 Mar. 2024 The personal savings rate, the share of income that savers sock away, was 3.8% in January, down from about 7% before the COVID-19 pandemic.—USA TODAY, 2 Mar. 2024 European governments and industry have been able to sock away more natural gas than some analysts had expected over the summer—protecting the continent from the threat of imminent large-scale shortages—but worries for the winter remain high.—Omar Rodríguez Ortiz, Miami Herald, 20 Feb. 2024 Individuals can contribute up to $3,850, while families can sock away $7,750 (those 55 or older can contribute an extra $1,000).—Byalicia Adamczyk, Fortune, 17 Feb. 2024 Having socked away savings during the pandemic, most were willing to spend it as the economy reopened.—Will Daniel, Fortune, 3 Feb. 2024 The singer and guitarist socked away songs grappling with frustration, pain and love during the pandemic.—David Peisner, New York Times, 23 Jan. 2024
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'sock away.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
Etymology
from the practice of concealing savings in the toe of a sock
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