private pension
Personal retirement fund
A private pension is a retirement savings plan arranged through an employer or purchased individually, as opposed to government programs like Social Security.
Contributions accumulate over working years, then provide income after retirement.
Private pensions vary widely in structure—some guarantee specific payouts, others depend on investment performance.
She relied on her private pension to supplement Social Security.
- retirementLeaving the workforce permanently
- retirement planStrategy for post-work finances
- savingsAccumulated money kept
- 401kEmployer-sponsored retirement savings
- annuityPeriodic fixed payment
nest egg · rainy day fund · contributions · automatic enrollment · employer · benefits · monthly · payout · vesting · portfolio · financial advisor · investment · security · golden years · early retirement · old age · IRA · defined benefit
- pensionsCPP
- Retirement IncomeSocial Security, 401k, IRA, annuity, Roth IRA
- retirement planning401(k), retirement fund, IRA, retirement income, retirement age
- retirement plans401k, IRA, Roth IRA, 403b, defined benefit
- retirement savingsretirement savings, retirement funds, 403b, retirement account, retirement fund
- Social SecuritySSN, FICA, Social Security Administration, disability benefits, retirement benefits
private pensionstate pension
Government-funded retirement income
public pension · government pension · Social Security · social security · old-age pension
private, privately, privateer, privation, privacy, privatize, privatization, deprive, deprivation