Author Question: The two types of retirement plans are a. traditional pensions with defined benefits and defined ... (Read 40 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 c. 401k plans are outdated and no longer exist.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?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

For a complete list of videos, visit our video library