401K INVESTING

401k Investing

investing


Expend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture


(invest) endow: give qualities or abilities to


Devote (one's time, effort, or energy) to a particular undertaking with the expectation of a worthwhile result


the act of investing; laying out money or capital in an enterprise with the expectation of profit


Buy (something) whose usefulness will repay the cost


(invest) make an investment; "Put money into bonds"

401k


In the United States, a 401(k) retirement savings plan allows a worker to save for retirement and have the savings invested while deferring current income taxes on the saved money and earnings until withdrawal. This type of plan is also known as a "traditional" 401(k).