anonymous
  • anonymous
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 B. Pension C. Retirement D. Social Security I think its A
Biology
  • Stacey Warren - Expert brainly.com
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katieb
  • katieb
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anonymous
  • anonymous
or C
anonymous
  • anonymous
Lemme check.
anonymous
  • anonymous
pen·sion1 ˈpenSHən noun 1. 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. historical 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. verb

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anonymous
  • anonymous
so it would be pension?
anonymous
  • anonymous
Not necessarily.
anonymous
  • anonymous
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from the employer; contributions are made from your salary before taxes and the funds grow tax-free until they are withdrawn, at which point they can be converted into an IRA; funds can be transferred if you change employers and you can (to some extent) manage the investments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)
anonymous
  • anonymous
yep it is A lol!
anonymous
  • anonymous
Yep. I believe its A also.
anonymous
  • anonymous
Thanks Katlin!!!
anonymous
  • anonymous
yep!

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