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.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
401(a) Plan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 04, 2021 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: December 04, 2021).
American Psychological Association (APA):
401(a) Plan. PayrollHeaven.com. Retrieved December 04, 2021
, 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.