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Which of the following is true regarding 401(k) plans? I. 401(k) plans are primarily funded by employees. II. 401(k) plans are primarily funded by employers.

image text in transcribed Which of the following is true regarding 401(k) plans? I. 401(k) plans are primarily funded by employees. II. 401(k) plans are primarily funded by employers. III. Investments grow tax-deferred in 401(k) plans. IV. Employers may provide matching contributions to 401(k) plans. I, II, and III only. I, II, and IV only. I, III, and IV only. I and II only

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