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Mark X for the statements that are true for each retirement plan. If it doesn't apply, leave it blank. I have this question involving a
Mark "X" for the statements that are true for each retirement plan. If it doesn't apply, leave it blank.
I have this question involving a table. For readability purposes, answering would be best in the following format:
X-X-
-X---
-X-X
using one new line for each row in the table, an X for boxes that should be checked, and a - for empty boxes. Thanks!
1. (4pts) Please mark "x" to the statements that are TRUE for each retirement plan. If the statement doesn't apply, please leave the box empty. Plan Pension Traditional Traditional Roth 401(k) IRA IRA Eligibility Nothing about the account changes, even if you switch jobs Eligibility may be affected by how long you work with a given company All employers offer this type of account The money you put into this retirement account has already had taxes taken out of it You pay taxes when you eventually take the money out Contributions Your company may contribute funds toward your retirement Any contributions you make come directly from your paycheck You make contributions from your bank account Investment Options Your employer has some say in how the money is invested You have some choice in how your contributions are invested Receiving Your Benefits Your total retirement benefit will depend on the risk level of the investments you chose You're promised a fixed benefit each month, which may increase with inflationStep by Step Solution
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