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Question 6: Match each retirement plan with the correct matching statement. 401(k) A retirement plan designed for small business employees DROP HERE 403(b) A defined-contribution
Question 6: Match each retirement plan with the correct matching statement. 401(k) A retirement plan designed for small business employees DROP HERE 403(b) A defined-contribution retirement plan with a tax-deferred, set amount withheld each pay period DROP HERE SIMPLE IRA DROP HERE Referred to as a Tax-Sheltered Annuity Plan and available only to employees of specific institutions or organizations Payroll Deduction IRA The simplest retirement plan, often used by self- employed individuals DROP HERE
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