Glossary

Glossary · United States

401(k)

A savings plan an employer in the United States offers, and only an employer can offer one. The IRS describes it as a feature of a qualified profit-sharing plan that lets employees put part of their wages into individual accounts. An employer may match what you put in, may pay in regardless, or may do neither.

Guides that use this term

At what age can I get my retirement money in New Zealand, Australia and the US?

New Zealand, Australia and the United States

Can I keep contributing to my US 401(k) or IRA while living in New Zealand?

New Zealand and the United States

Can I move my 401(k) or IRA into KiwiSaver or Australian super?

New Zealand, Australia and the United States

Does my US Social Security affect the Australian Age Pension?

Australia and the United States

How is my US 401(k) or IRA taxed if I move to New Zealand?

New Zealand and the United States

Is my Australian super taxed in New Zealand?

New Zealand and Australia

Is my KiwiSaver taxable in the United States?

New Zealand and the United States

What changes when you move from Australia to the United States?

Australia and the United States

What changes when you move from New Zealand to the United States?

New Zealand and the United States

What changes when you move from the United States to New Zealand?

United States and New Zealand

What happens if I need the money before I'm allowed to have it?

New Zealand, Australia and the United States

What happens to my 401(k) or IRA when I die?

United States

What happens to my KiwiSaver when I die?

New Zealand

What happens to my pension when my partner dies?

New Zealand, Australia and the United States

What's the difference between a 401(k), a traditional IRA and a Roth IRA?

United States

What's the difference between KiwiSaver, Australian super and a US 401(k)?

New Zealand, Australia and the United States

Where does retirement income come from?

New Zealand, Australia and the United States