HyperDic: pension_plan

English > 1 sense of the expression pension plan:
NOUNcognitionpension plan, pension account, retirement plan, retirement savings plan, retirement savings account, retirement account, retirement programa plan for setting aside money to be spent after retirement
English > pension plan: 1 sense > noun 1, cognition
MeaningA plan for setting aside money to be spent after retirement.
Synonymspension account, retirement plan, retirement savings plan, retirement savings account, retirement account, retirement program
Narrower401-k plan, 401-kA retirement savings plan that is funded by employee contributions and (often) matching contributions from the employer
Keogh planA tax-deferred pension plan for employees of unincorporated businesses or for self-employed persons
individual retirement account, IRAA retirement plan that allows you to contribute a limited yearly sum toward your retirement
Broaderplan, program, programmeA series of steps to be carried out or goals to be accomplished

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