<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/RC6vjtn3GZLRw0qRl5YjMwV">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/RB5FdDMLLaFHBHANY4bMB3T"/>
  <rdfs:label>Retirement Account</rdfs:label>
  <skos:altLabel>401(k)</skos:altLabel>
  <skos:altLabel>Individual Retirement Account</skos:altLabel>
  <skos:altLabel>Pension</skos:altLabel>
  <rdfs:seeAlso rdf:resource="https://folio.openlegalstandard.org/RCrOThiq2BioEVHnqev8KdQ"/>
  <skos:definition>A Retirement Account is a financial account designed to help individuals save for their retirement, often offering tax advantages. Types of retirement accounts include 401(k)s, Individual Retirement Accounts (IRAs), and pension plans, among others, and they typically come with restrictions on withdrawals to incentivize long-term saving. Relevant to several areas of law (e.g., Bankruptcy Law).</skos:definition>
</owl:Class>