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Pilots at Southwest Airlines can sock away more for retirement, thanks to a new retirement plan benefit that began in August as part of contract negotiations with the pilot’s union, the airline said.—Medora Lee, USA TODAY, 13 Dec. 2024 In her final year in New York, Purple earned $68,000 and spent just under $30,000 on living costs, including any discretionary spending, while socking away money in her 401(k), individual retirement account and cash savings.—Kamaron McNair, CNBC, 3 Dec. 2024 Americans will be able to sock away more in their workplace retirement plans, before taxes, in 2025.—Medora Lee, USA TODAY, 3 Nov. 2024 Depending on your financial situation, socking away that much cash could take pretty serious adjustments, such as living with roommates or picking up a side hustle to boost your income.—Kamaron McNair, CNBC, 31 Oct. 2024 See all Example Sentences for sock away
Word History
Etymology
from the practice of concealing savings in the toe of a sock
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