401(a) Plan

Business, Legal & Accounting Glossary

Definition: 401(a) Plan


401(a) Plan


Full Definition of 401(a) Plan


A retirement savings plan where contributions on a voluntary or mandatory basis may be made by the employee, employer, or both. Usually, a fixed dollar or percentage amount is contributed by the employer that may be matched by employee contribution within a specific range.


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https://payrollheaven.com/define/401a-plan/
Modern Language Association (MLA):
401(a) Plan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/401a-plan/.
Chicago Manual of Style (CMS):
401(a) Plan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/401a-plan/ (accessed: March 29, 2024).
American Psychological Association (APA):
401(a) Plan. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/401a-plan/

Definition Sources


Definitions for 401(a) Plan are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 13th November, 2021 | 0 Views.