Question 9 Not yet answered Points out of 3.00 P Flag question Which of the following statements about 401(k) plans are true? I. They are defined benefit plans. II. They allow employer and employee contributions. III. Earnings accrue tax-free during the employee's working years. IV. They allow employee discretion in asset allocation. V. They always have minimum guaranteed rates of return. Select one: O a. I, IV, and V only O b. I, II, and V only O c. II and III only ho O d. II, III, and IV only O e. All of these choices are correct