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Retirement Program (Noun)

Meaning

A plan for setting aside money to be spent after retirement.

Classification

Nouns denoting cognitive processes and contents.

Examples

  • The company offered a retirement program that matched employee contributions to help them save for the future.
  • Many people struggle to plan for retirement without the benefit of an employer-sponsored retirement program.
  • The retirement program at the university was so generous that it was a major draw for new faculty members.
  • As a self-employed individual, she had to set up her own retirement program rather than relying on an employer to provide one.
  • The retirement program at the large corporation included not only a 401(k) but also a traditional pension plan.

Synonyms

  • Pension Account
  • Retirement Savings Account
  • Retirement Account
  • Retirement Savings Plan
  • Pension Plan
  • Retirement Plan

Hypernyms

  • Program
  • Programme
  • Plan

Hyponyms

  • Individual Retirement Account
  • Keogh Plan
  • 401-k Plan
  • IRA
  • 401-k
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