- Jujubes
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Not to be insulting, but it's an American retirement savings structure. You mention in your profile that you're not American--just read the Wiki that people linked and that should explain.
Quick explanation--you put money in an account that you plan to not touch until you retire someday. Generally, employers will match a certain % that you put in (ex. up to, but not exceeding 10% of your annual salary). That means that for every dollar you put in, they put in a dollar--up to a total contribution no larger than 10% of your pre-tax salary.