pension fund

The term 'fondo de pensiones' in Spanish translates to 'pension fund' in English. A pension fund is a type of investment plan where an employer and sometimes employee contributes money towards a pool of funds set aside for an employee's future retirement. These funds are invested on the employee's behalf, allowing the employee to receive benefits upon retirement. The usage and understanding of this term is essential in business and finance sectors.

Example sentences using: fondo de pensiones

Es importante ahorrar para tu fondo de pensiones desde joven.

It is important to save for your pension fund from a young age.

This phrase emphasizes the importance of starting to save early for retirement.

El fondo de pensiones ofrece seguridad financiera en la vejez.

The pension fund offers financial security in old age.

This phrase highlights how a pension fund can provide financial stability during retirement.

Muchos trabajadores piensan en su fondo de pensiones al planear su futuro.

Many workers think about their pension fund when planning their future.

This phrase indicates that workers consider their pension fund as an essential part of their future financial planning.