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Afina-wow [57]
2 years ago
13

Employer-sponsored retirement plans requiring a minimum length of time of service to participate are.

Business
1 answer:
nikitadnepr [17]2 years ago
4 0

Employer-sponsored retirement plans that require a minimum length of service to participate are a 401(k) plan whose length of service is 2 years of service for eligibility.

<h3 /><h3>What is the 401(k) plan?</h3>

Corresponds to an employer-sponsored retirement savings plan after a minimum 2-year service period for the employee to be eligible. Its benefits are the reduction of taxable income, that is, income contributions are made before taxation.

Therefore, the traditional 401(k) plan has the benefits of choosing the investment, reducing negative risks related to financial losses.

Find out more about retirement plans here:

brainly.com/question/3090325

#SPJ1

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The decision making skill because it's hard for a judge to make the right decision.

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Ann is trying to decide which one of two job offers she will accept. Several items are presented below:
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c. (1) (3), (5

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3 years ago
A worker received a $10,000 bonus and decided to split it among three different accounts. He placed part in a savings account pa
kotykmax [81]

Answer:

so savings = $2200

bonds = $4400

and mutual fund = $3400

Explanation:

given data

received bonus = $10,000

savings account paying = 4.5% per year

bonds paying = 5%

mutual fund that returned = 4%

income from these investments = $455

to find out

How much did the worker place in the government bonds

solution

we consider amount invested for 4.5 % is = x

and hen his investment in bonds is = 2x  for 5%

and rest is  10000- x  - 2x

that is = (10000- 3x ) for 4%

so

interest equation will be here

0.045 x + 0.05 (2x) + 0.04 (10000-3x) = 455

solve we get

x = 2200

so savings = $2200

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and mutual fund = $3400

4 0
3 years ago
The idea that an economy can get stuck in either an unemployment equilibrium or an inflation equilibrium is most closely associa
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Read 2 more answers
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