Which of the following is defined as a type of investment account that in which a company takes money from an employee's paycheck before taxes and sets it aside for long-term investments until the employee's retirement?
A. 401(k) plan
D. Social Security
I think its A
Stacey Warren - Expert brainly.com
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a regular payment made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life.
a regular payment made to a royal favorite or to an artist or scholar to enable them to carry on work that is of public interest or value.
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so it would be pension?
S: (n) 401-k plan, 401-k (a retirement savings plan that is funded by employee contributions and (often) matching contributions from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can (to some extent) manage the investments yourself)