Question 7 of 15

2.0 Points

Which of the following is the most true statement about corporate retirement plans?

A. Most companies offer their new employees a defined benefit pension.
B. A majority of companies have switched from defined contribution plans to defined benefit plans because they are less expensive.
C. More companies are moving to offering new employees just a 401(k) retirement plan with mandatory contributions from the employer.
D. Many companies are offering a 401(k) and a Roth IRA as the retirement plans for new employees.