Author Question: The two types of retirement plans are a. traditional pensions with defined benefits and defined ... (Read 81 times)

OSWALD

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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 c. 401k plans are outdated and no longer exist.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

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Answer to Question 1

a

Answer to Question 2

a



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