Question

Question 23 2.5 pts What is the biggest benefit offered by company retirement plans that individual retirement plans do not h
A type of company retirement plan which offers guaranteed automatic payouts in retirement based on a formula that usually con
You are offered your first job post-gradation and it is time to setup your 401k retirement amount. Your salary is $36,000 per
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer

WHAT IS THE BIGGEST BENETIS OFFERED BY COMPANY RETIREMENT PLAN THAT INDIVIDUAL RETIREMENT PLANS DO NOT HAVE ?

1.C.COMPANY CONTRIBUTIONS

2.C.PENSION

3.C.3%

Add a comment
Know the answer?
Add Answer to:
Question 23 2.5 pts What is the biggest benefit offered by company retirement plans that individual...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Question Two a) Suppose that you have an extra K111.3 today that you wish to invest...

    Question Two a) Suppose that you have an extra K111.3 today that you wish to invest for one year. If you can earn 11.1% per year on your investment, how much will you have in one year?                                                                                                      (10 marks) 1.) Compared to investing in a single security, how does diversification help the investors?                                                                                   (3 marks) 2) In what situation is Portfolio diversification least likely to protect against losses: 3) Explain the features of a defined contribution pension plan: (5...

  • Question 11 pts In Melvin's defined benefit plan, the actuary noted that life expectancy for retirees...

    Question 11 pts In Melvin's defined benefit plan, the actuary noted that life expectancy for retirees of Melvin's defined benefit plan is increasing at an above average rate for the fifth year in a row. The impact on plan costs of this trend would be to lower plan costs. T/F? True False Flag this Question Question 21 pts Shurfine, Inc. has a defined pension plan for the benefit of its employees. Over the last five years, the assets of the...

  • 23. What is the total net amount of capital gain reported on Form 1040? OA. $308...

    23. What is the total net amount of capital gain reported on Form 1040? OA. $308 OB. $2,411 C. $2,719 OD. $2,900 Advanced Scenario 7: Mark and Barbara Matthews Directions Using the tax software, complete the tax return, including Form 1040 and all appropri- ate forms, schedules, or worksheets. Answer the questions following the scenario. Note: When entering Social Security numbers (SSNs) or Employer Identification Numbers (EINS), replace the Xs as directed, or with any four digits of your choice....

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT