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24 July, 03:56

2. Which of the following is an advantage of a 401 (k) plan?

a. Most employers match a portion of your contributions.

b. You never pay taxes on your contributions.

c. You may withdraw funds at any time without penalty.

d. Your contributions are invested in high-return, high-risk funds.

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Answers (2)
  1. 24 July, 07:48
    0
    The correct answer is letter A

    Explanation: 401 (k) is an account with a tax benefit and that, in some cases, you buy the assets yourself with the money placed in it, in the same way that you send money to the broker and buy the assets you want.
  2. 24 July, 07:52
    0
    The correct answer your looking for is option A - Most employers match a portion of your contributions.
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Home » History » 2. Which of the following is an advantage of a 401 (k) plan? a. Most employers match a portion of your contributions. b. You never pay taxes on your contributions. c. You may withdraw funds at any time without penalty. d.
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