1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
notsponge [240]
1 year ago
15

The majority of 401 (k) plans are participant directed. a)true b) false

Business
1 answer:
xxTIMURxx [149]1 year ago
8 0

The plans regarding the contributions made to the 401(k) plans are directed by the participant, who is also known as an employee of the organization.

<h3>Who is a 401(k) plan?</h3>

A 401(k) can be referred to as a feature of a profit-sharing plan that enables the employees to make a partial contribution of their wages to their individual accounts.

An employee is referred to as a participant for the purpose of this plan. It is further to be noted that this plan is as per the voluntary directions of the participant.

Hence, it holds true that majority of the 401(k) plans are participant directed.

Learn more about 401(k) plans here:

brainly.com/question/3671553

#SPJ1

You might be interested in
The process of developing and executing strategies and tactics to market and sell a product or service to a very specific target
oee [108]

Answer:

Micromarketing

Explanation:

Micromarketing consists of the maneuver of marketing levers aimed at modifying, increasing and influencing the buying behavior of the consumer in the store. The aim is to increase customer acquisition, retention, extention levels by providing a reward (benefit) or by simply direct marketing for information purposes only.  In general, it is  for very specific segment or target in order to develop or execute the strategies to do in the market.

By acquisition we mean the ability of the retail seller to acquire a new share of customers.

By retention is meant the ability to maintain this share of customers permanently over time.

By extention instead we indicate the increase in the quantities / volumes purchased at the retailer by the same consumers.

Micromarketing is therefore a sort of "micronization" of the marketing levers traditionally used. Consumer loyalty (store loyalty) is one of the main objectives, but there are also others that can be pursued equally, such as increasing the frequency of purchase of certain products, changing the composition of the receipt by stimulating category switching (exchange category) etc. It is also possible to support integrated marketing initiatives with the industry (think of a reward that stimulates the purchase of one product rather than another, of a specific brand rather than another, etc.).

4 0
3 years ago
Barbara and the bank signed a contract in which they agreed that the bank would loan $100,000.00 to Barbara to buy a car. She wo
Afina-wow [57]

Answer:

Option A

Explanation:

A Novation is a form of contract in which the original contract is substituted by a replacement contract where by the new party agrees to accept all the debts to be paid as a part of the original contract.  

In other way the original contracting party give all the rights and obligations to the new party  

Hence, Option A is correct

7 0
3 years ago
Your uncle is about to retire, and he wants to buy an annuity that will provide him with $75,000 of income a year for 20 years,
kolezko [41]

Answer:

It cost $915,166.69

Explanation:

R=75,000

i=j/m, j=0.0525, m=1 - annually

i=0.0525

n=mt

n=20

An=R[1-(1+i)^-n] : i

An=(75,000x[1-(1+0.0525)^-20]) : 0.0525

An=$ 915,166.69

8 0
3 years ago
FREEE POINTSSS!! DELETING THIS ACC :))
Margarita [4]

Answer:

Thx for the pointsssss

Explanation:

6 0
3 years ago
Read 2 more answers
The price and quantity determined in a market when the supply equals the demand, the market is in the state of
astra-53 [7]

Answer:

Market equilibrium

Explanation:

The market equilibrium is the price at which the quantity demanded and the quantity supplied are intersected to each other

The intersection could be done by supply and demand curves

Moreover, there is a positive relationship between the price and quantity supplied while for quantity demanded it has an inverse relationship between the price and quantity demanded

6 0
3 years ago
Other questions:
  • A company manufactured 50,000 units of a product at a cost of $450,000. It sold 45,000 units at $15 each. The gross profit is a.
    8·1 answer
  • Analysts say visitors stay an average of how many seconds on any webpage?
    5·1 answer
  • Of the items in the following lists, which go from most liquid to least liquid?
    9·1 answer
  • Present valuelong dash—Mixed streams   Consider the mixed streams of cash flows shown in the following​ table,
    13·1 answer
  • Suppose a brand has a heavy usage index of 1.5, penetration share of 0.6 and a market share of 15%. What is the share of wallet
    10·1 answer
  • Charleston, Inc. has Accounts Receivable of $280,000 and an Allowance for Doubtful Accounts of $18,000. If it writes-off a custo
    6·2 answers
  • Your credit card as a credit limit of $1,000 in your credit card company reviews your credit line every six months they will not
    9·1 answer
  • darcy spends 5000 in bank account that does not earn any interest every week sha withdraws 10 percent of the money in the accoun
    5·1 answer
  • Why is a process view of organizations essential to becoming a successful manager?
    14·1 answer
  • A(n) _______ is about transforming how a business interacts with its customers on the world wide web.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!