What is another word for retirement fund?
Pronunciation: [ɹɪtˈa͡ɪ͡əmənt fˈʌnd] (IPA) 
A retirement fund is a crucial means of ensuring financial security during one's golden years. There are several synonyms for the term retirement fund, including pension plan, superannuation, annuity, 401k plan, and IRA. Pension plans are the most common retirement funds for employees, where the employer contributes a certain amount of money towards the employee's pension fund. Superannuation is a similar retirement plan for employees in Australia, New Zealand, and Canada. An annuity is another type of retirement fund that can be set up privately or purchased through an insurance company. A 401k plan and IRA are investment-based retirement plans that allow individuals to save and invest money that will grow over time, ensuring financial stability during their retirement years.
