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