Vocab Bloom Hub

retirement savings plan

/rɪˈtaɪərmənt ˈseɪvɪŋz plæn/

1 entry

phrase

/rɪˈtaɪərmənt ˈseɪvɪŋz plæn/B2formalbusiness
  • ruФинансовое соглашение или счёт, предназначенный для накопления средств для использования на пенсии, часто предлагающий налоговые льготы.

A financial arrangement or account designed to accumulate funds for use during retirement, often offering tax advantages.

  1. Retirement savings planB2formal

    A financial arrangement that allows individuals to set aside money during their working years for use after they stop working.

    ruПенсионный накопительный план

    • She contributes a portion of her salary to her retirement savings plan each month.
    • Many employers offer a retirement savings plan with matching contributions.
    • Starting a retirement savings plan early can significantly increase your nest egg.