Savings plan option, for short Crossword Clue

 The answer to the savings plan option, for short crossword clue is IRA.

IRA stands for Individual Retirement Account. It is a type of retirement savings account that allows you to save money for retirement on a tax-deferred basis.

Here are some other types of savings plans:

401(k)

403(b)

457(b)

HSA

529 plan

I hope this helps!