A retirement plan, of sorts, for white trash people living in the South. Generally speaking a low-end wage earner will claim a back injury and go to an unscrupulous doctor who will assist in the claim of a debilitating health condition. Ultimately the participant in the Alabama 401K will receive a monthly check, tax free, so technically we could refer to this plan as a Redneck Roth IRA.

The recipients can usally be found hanging around Auto Zone trying to return a 10 year old starter from one of the many broken down Firebirds (aka trailer park Corvette) sprinkled in front of their God-forsaken turd shack of a house but don't understand that Auto Zone does not accept starters actually purchased at Advance Auto.

Some like-minded individuals will also participate in a Mama 401K. This is where the least successful of a mother's offspring returns to his birth home and mooches off said mother's social security check. On account of an unhealthy need for familiar approval, the mother freely allows the formerly errant son to have full reign of the double-wide mobile home. He may even make a half-hearted attempt to rebuild the transmission from his '77 Trans Am that he spray painted black and gold to look like Smokey's car as in "Smokey and the Bandit." He constantly claims to be looking for work when he is not reading the Auto Trader. Usually these people talk of an imaginary check that they will be receiving as a result of a settlement in a lawsuit filed against his employer after a fall from a roof some 6 years ago.

This individual can be seen at the local Wal-Mart, staring carefully and nervously at cold medicine boxes. Said indivual will usally have a bottle of acetone or Heet brand water remover in his cart and quite possibly a container or two of drain cleaner. Tonight he ain't fryin' catfish; he's gonna make a batch of shithouse meth. He will pay for the purchase by returning the Similac cans he "purchased" a week earlier using the WIC vouchers (sort of like food stamps for babies)intended for his numerous illegitimate half-wits.
Mama, did my check come in today? I need to by a three neck Pyrex boiler for the shed.

Alabama 401K--retirement plan for broke-ass rednecks who could not read the questions on the ASVAB which is a prerequisite to join the Alabama National Guard.
by Gary Vitalis January 30, 2007
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1.)when a person presents as financially stable and well-adjusted.
2.) when a person is attractive due to their financial status or mature behavior.
Olivia Wilde married Jason Sudeikis for his 401k energy.
by Mickey Mackenzie FM April 29, 2023
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A single middle aged man who isnt tall or attractive but will have his pick of women when he hits his 50's
"We...are 401k dudes...we will become valuable as the situation matures."
by Evilsacramento2 April 3, 2017
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"Investments" which are really purchases of toys or other contemporary collectibles hoping their asking price will be worth much more via eBay, Mercari, etc.
My friend bought three LEGO® sets of the "scale" version of the Millennium Falcon ($800 each) for his Redneck 401k. Why? Because he thinks he can sell them for at least $2000 each in a few years.
by Maggi Picayune February 18, 2021
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Describes a woman in the office that has no personality except getting to the top at any cost.
Dude 1: "Hey, there comes that gal from marketing again.". Dude 2: "Ah, you meant the one with the 401k Tits?"
by Big Big Ed July 15, 2017
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A retirement plan, of sorts, for mostly white trash University of Alabama people, usually living in the South. Generally speaking a low-end wage earning Gump will claim a back injury and go to an unscrupulous Gump doctor (Yes, there ARE gumps who managed to complete med school and residency, and become licensed) who will assist in the claim of a debilitating health condition. Ultimately the participant in the Gump 401K will receive a monthly check, tax free, so technically we could refer to this plan as a Gump Roth IRA.

The recipients can usally be found hanging around Auto Zone trying to return a 10 year old starter from one of the many broken down Firebirds (aka trailer park Corvette) sprinkled in front of their God-forsaken turd shack of a house but don't understand that Auto Zone does not accept starters actually purchased at Advance Auto.

Some like-minded individuals will also participate in a Mama Gump 401K. This is where the least successful of a Gump mother's offspring returns to his birth home and mooches off said mother's social security check. On account of an unhealthy need for familiar approval, the mother freely allows the formerly errant son to have full reign of the double-wide mobile home. He may even make a half-hearted attempt to rebuild the transmission from his '77 Trans Am that he spray painted black and gold to look like Smokey's car as in "Smokey and the Bandit." He constantly claims to be looking for work when he is not reading the Auto Trader. Usually these people talk of an imaginary check that they will be receiving as a result of a settlement in a lawsuit filed against his employer after a fall from a roof some 6 years ago.

This individual can be seen at the local Wal-Mart, staring carefully and nervously at cold medicine boxes. Said indivual will usally have a bottle of acetone or Heet brand water remover in his cart and quite possibly a container or two of drain cleaner. Tonight he ain't fryin' catfish; he's gonna make a batch of shithouse meth. He will pay for the purchase by returning the Similac cans he "purchased" a week earlier using the WIC vouchers (sort of like food stamps for babies)intended for his numerous illegitimate half-wit Gump kids.

Mama, did my check come in today? I need to buy a three neck Pyrex boiler for the shed.

gump 401k--retirement plan for broke-ass rednecks who could not read the questions on the asvab which is a prerequisite to join the alabama national guard.
BobbyRay had a supervisor's job lined up at the chicken farm but decided to step in chicken shit, fall on his ass, and get hisself a Gump 401K.
by Wayne Windsor March 16, 2009
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