Author Question: A primary benefit of 401(k) plans is that payments made by employees into the plan are pretax, so ... (Read 109 times)

Evvie72 · **on:** Jul 7, 2018

A primary benefit of 401(k) plans is that payments made by employees into the plan are pretax, so the employee pays no tax on those dollars until after he or she retires or withdraws the money.

Indicate whether this statement is true or false.

Question 2

Social Security provides health benefits to terminated employees and their families for 18 months following the employee's separation from the firm.

Indicate whether this statement is true or false.