Words similar to employer-sponsored
Example sentences for: employer-sponsored
How can you use “employer-sponsored” in a sentence? Here are some example sentences to help you improve your vocabulary:
The Congressional Research Service recently reported that in 1997 nearly 63 percent of workers between the ages of 25 and 64 replied that they did not own a retirement saving account, such as an employer-sponsored 401(k) or an individual retirement account (IRA).
27 The largest tax incentive for saving-in terms of the tax revenue loss-is the preferential tax treatment of employer-sponsored pension plans; additional tax incentives encourage retirement saving outside of employer pensions.
Even as more people are accumulating balances through employer-sponsored 401(k) saving plans and individual retirement accounts, personal saving-which does not reflect gains on existing assets-has declined.
Once they know their Social Security benefits promised under current law, workers can calculate how much they can expect from employer-sponsored pension plans and how much they need to save on their own for retirement.
32 Under the RSA proposal, a worker between the ages of 25 and 60 with family earnings of at least $5,000 could contribute up to $1,000 annually through either an employer-sponsored saving plan or a tax-deferred individual account.