What is another word for retirement savings account?
Pronunciation: [ɹɪtˈa͡ɪ͡əmənt sˈe͡ɪvɪŋz ɐkˈa͡ʊnt] (IPA) 
A retirement savings account is a type of investment account that is specifically designed to help individuals accumulate funds for their retirement years. There are several different synonyms that can be used to describe this type of account, including 401(k), individual retirement account (IRA), pension plan, and annuity. Each of these terms refers to a specific type of retirement savings account, with varying rules and requirements for eligibility and contributions. Regardless of which type of account an individual chooses to use for their retirement savings, it is important to start saving early and to make regular contributions in order to build a stable financial foundation for the future.
