What is another word for self-funded retirement plans?

Pronunciation: [sˈɛlffˈʌndɪd ɹɪtˈa͡ɪ͡əmənt plˈanz] (IPA)

Self-funded retirement plans are investment packages that enable individuals to save for their retirement. These plans are also referred to as self-directed, self-administered, or self-managed retirement plans. These synonyms emphasize the fact that the individual investor is responsible for making all investment decisions, as opposed to leaving those decisions to a fund manager. Other synonyms include individual retirement accounts (IRAs), which are accounts that individuals can set up with financial institutions to save for retirement, and 401(k) plans, which are employer-sponsored retirement plans. Regardless of what they are called, these plans are an important tool for individuals looking to take control of their retirement savings and ensure a secure financial future.

Synonyms for Self-funded retirement plans:

What are the hypernyms for Self-funded retirement plans?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    personal investments, personal retirement accounts, private pension plans.

Related words: self-funded retirement, self-funded retirement plan, 401k for self-employed, self-funded retirement options, how to retire self-employed, self-funded retirement plan calculator, how to get a self-funded retirement plan

Related questions:

  • What is a self-funded retirement plan?
  • How do you get a self-funded retirement plan?
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