Author Question: The 2007/2009 recession caused 401(k) balances to fall sharply and firms to reduce or eliminate ... (Read 152 times)

urbanoutfitters

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The 2007/2009 recession caused 401(k) balances to fall sharply and firms to reduce or eliminate 401(k) matching plans.
 
  Indicate whether this statement is true or false.

Question 2

A defined benefit plan is a formal retirement plan that provides the participant with a fixed benefit upon retirement.
 
  Indicate whether this statement is true or false.



shaquita

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Answer to Question 1

Answer: TRUE

Answer to Question 2

Answer: TRUE



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