This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following refers to a plan in which employees contribute a portion of their earnings to ... (Read 213 times)

lindiwe

  • Hero Member
  • *****
  • Posts: 577
on: Jul 7, 2018
Which of the following refers to a plan in which employees contribute a portion of their earnings to a fund and the employer typically matches the contribution in whole or part?
 
  A) group investment plan
  B) 401(k) plan
  C) deferred profit-sharing plan
  D) employee stock ownership plan

Question 2

All of the following are characteristic of 401(k) plans EXCEPT ________.
 
  A) categorized as a defined contribution plan
  B) deduction replaces Social Security tax
  C) pretax salary deductions invested
  D) considered a savings and thrift plan


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Qarqy

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jul 7, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: B


lindiwe

  • Hero Member
  • *****
  • Posts: 577
Reply #2 on: Jul 7, 2018
Correct answers!


Qarqy

  • Sr. Member
  • ****
  • Posts: 313
Reply #3 on: Jul 7, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Different parts of the body mature at different rates. “General” refers to the body as a whole: the Different parts of the body mature at different rates. “General” refers to the body as a whole: the
Plan and exterior, San Vitale, Ravenna. Plan and exterior, San Vitale, Ravenna.
If a fire were to occur, follow the evacuation plan. If a fire were to occur, follow the evacuation plan.
Plan of The Pantheon Plan of The Pantheon
Using child-sized dishes at mealtimes can help caregivers monitor portion sizes Using child-sized dishes at mealtimes can help caregivers monitor portion sizes
Tubular portion of one nephron, cutaway view. The tubule starts at Bowman’s capsule. Tubular portion of one nephron, cutaway view. The tubule starts at Bowman’s capsule.
Video: Erythropoietin (EPO)

For a complete list of videos, visit our video library