retirement plan

noun

US
: a system for saving money for use during retirement

Examples of retirement plan in a Sentence

Recent Examples on the Web One of the best places to save is with your work retirement plan. Amy Wagner and Steve Hruby, The Enquirer, 2 Apr. 2024 Instead, consider laying the groundwork with a sound retirement plan. Joel Johnson, Forbes, 29 Feb. 2024 Three-quarters of employees without high school degrees have no access to a retirement plan at work. Daniel De Visé, USA TODAY, 25 Feb. 2024 The standard deduction is subtracted from your adjusted gross income, or income after certain deductions have already been made, like retirement plan contributions. Alicia Adamczyk, Fortune, 15 Feb. 2024 In December, 2022, the Biden administration signed SECURE 2.0 into law, which encourages employers to offer retirement plan benefits to their workers and lifts some barriers to saving. Nicole Goodkind, CNN, 2 Apr. 2024 While a 60/40 portfolio is a common retirement plan, the report uses that portfolio during an individual's working years. Rob Berger, Forbes, 29 Mar. 2024 For instance, a company offering a 5% match on retirement plan contributions would offer the same 5% match for an employee that sets aside part of their paycheck towards their student loans. TIME, 6 Feb. 2024 Nearly half of workers have no access to a retirement plan at work, according to one AARP analysis. USA TODAY, 10 Feb. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'retirement plan.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Dictionary Entries Near retirement plan

Cite this Entry

“Retirement plan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/retirement%20plan. Accessed 24 Apr. 2024.

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