Author Question: The two types of retirement plans are a. traditional pensions with defined benefits and defined ... (Read 60 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
The two types of retirement plans are
 
  a. traditional pensions with defined benefits and defined contribution plans.
 b. Social security and pension.
 c. savings accounts and IRAs.
 d. Medicaid and Medicare.

Question 2

A 401k plan is different from a pension in that
 
  a. pensions provide a guaranteed income.
 b. 401k plans do not require the employee to contribute to the plan.
 c. 401k plans are outdated and no longer exist.
 d. pension plans come only from private employers.



cam1229

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

a

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

For a complete list of videos, visit our video library