401(k) plan

US /ˌfɔːr əʊ wʌn ˈkeɪ plæn/
UK /ˌfɔːr əʊ wʌn ˈkeɪ plæn/
"401(k) plan" picture
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401(k)-plan

a retirement savings plan in the US that allows employees to invest a portion of their salary before taxes are taken out, with the employer often matching a portion of the contributions

:
I need to increase my contributions to my 401(k) plan.
Ik moet mijn bijdragen aan mijn 401(k)-plan verhogen.
Many companies offer a matching contribution to their employees' 401(k) plans.
Veel bedrijven bieden een matching bijdrage aan de 401(k)-plannen van hun werknemers.