retirement plans
Future income arrangements
Retirement plans are financial arrangements for accumulating money to live on after you stop working.
Employers may offer plans like 401(k)s, where contributions come from wages, often with matching funds.
Individual retirement accounts (IRAs) let people save independently.
The term also appears more casually: What are your retirement plans? asks about intentions rather than investments.
- IRATax-advantaged retirement fund
- disability insuranceCoverage replacing lost wages
- 401(k)Tax-advantaged retirement savings account
- matching contributionsProportional employer donations
- employer matchCompany duplicates worker savings
spousal rights · contribution limits · stocks · mutual funds · vesting · fiduciary duty · ERISA · compound interest · diversification · profit-sharing · asset allocation · bonds · index funds · tax deferral · income brackets · health insurance · Roth IRA · Social Security
- HR programsemployee assistance, employee recognition, wellness programs, training programs, diversity programs
- workplacehours, cubicle, desk job, holiday party, desk
- benefitsadvantage, healthcare coverage, dental insurance, benefit, health screening
- job benefitsbenefits, 401k, medical coverage, medical benefits, dental insurance
- job perkssalary, perks, pension plans, 401k, benefits
- workplace benefitshealth benefits, 401k, PTO, paid time off, sick leave
retirement plansactive income
Money from direct labor
take-home pay · disposable income · earned income · salary · paycheck
retirement plansjob hunting
Seeking paid employment
professional development · career development · career goals · student loans · first job
retirement plansspending
Outlaying of funds
consumption · living paycheck to paycheck · consumer debt · spending sprees · instant gratification