retirement plan

noun

US
: a system for saving money for use during retirement

Examples of retirement plan in a Sentence

Recent Examples on the Web
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Employees should always review all documentation associated with a new retirement plan to fully understand how the changes will impact their short and long-term financial goals. Rick Calabrese, Esq., Cpa, Co-Founder Of Advisory Firm Commonwealth M&a, CNBC, 29 Jan. 2025 Victims can withdraw up to $22,000 from an IRA or other eligible retirement plan, which would be exempt from the 10 percent early distribution tax, if under the age of 59½. The IRS will allow repayment of these funds within three years of the distribution. Jill Schlesinger, The Mercury News, 27 Jan. 2025 Their expertise ensures that your retirement plan aligns with your income, expenses, and broader financial goals. True Tamplin, Forbes, 21 Dec. 2024 Southwest’s retirement plan for pilots received special approval from the IRS through a private letter ruling (PLR) so other companies would have to get confirmation from the IRS that similar rules would apply to them, Coleman said. Medora Lee, USA TODAY, 13 Dec. 2024 See all Example Sentences for retirement plan 

Dictionary Entries Near retirement plan

Cite this Entry

“Retirement plan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/retirement%20plan. Accessed 6 Feb. 2025.

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