Author Question: Which of the following is associated with Roth 401(k) plans? A) Employees pay taxes on their ... (Read 130 times)

@Brianna17

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Which of the following is associated with Roth 401(k) plans?
 
  A) Employees pay taxes on their contribution.
  B) Employees do not pay taxes on their contributions.
  C) Investment gains are taxed.
  D) Employees can deduct their contributions from post taxable income.

Question 2

A 401(k) plan is which of the following types of retirement benefits?
 
  A) defined contribution
  B) defined benefit
  C) qualified benefit
  D) nonqualified benefit



alexanderhamilton

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Answer to Question 1

Answer: A

Answer to Question 2

Answer: A



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