A new employee joins your company at age 24 making $40,000 per year. Currently, banks are paying 5% interest on saving accounts, and the rate of return on the company stock is 4% per year. During benefits enrollment, the employee stated that she would like to retire at age 60 with 3 million dollars in her retirement account. Compare the following retirement options for this particular employee in 1,050 to 1,400 words: 403B 401K Pension Annuities IRA Estate planning Determine which retirement option(s) you would choose if you were this employee. Assess the factors that this employee should consider when selecting a retirement plan.

There is no additional information on the plans. We have to determine which plan or plans are best fo the candidate based on their requirments.