This topic contains a solution. Click here to go to the answer

Author Question: A primary benefit of 401(k) plans is that payments made by employees into the plan are pretax, so ... (Read 110 times)

Evvie72

  • Hero Member
  • *****
  • Posts: 519
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Meganchabluk

  • Sr. Member
  • ****
  • Posts: 301
Answer to Question 1

Answer: TRUE

Answer to Question 2

Answer: FALSE




Evvie72

  • Member
  • Posts: 519
Reply 2 on: Jul 7, 2018
Gracias!


xiazhe

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Excellent

 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

For a complete list of videos, visit our video library