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3 years ago

If an employer does not offer a retirement plan, what might be another way to save for retirement?

Business

2 answers:

JulijaS [17]3 years ago

5 0

The option D is correct.

If an employer does not offer a retirement plan, then traditional IRA and Roth IRA might be another way to save for retirement.

Further Explanation:

A retirement plan is a plan in which an individual gets the lump sum amount of money after providing a specific number of services to the company. Sometimes, the employer does not responsible for retirement plan to their employees. In that case, the employee can take benefit of the traditional IRA and Roth IRA for save the money for retirement.

Justification for the correct and incorrect answer:

Traditional IRA: This option is incorrect.

Traditional IRA refers to type of individual retirement account in that employee can save his income for future use at the time of retirement. The employee opts for this account when the tax rate is lower at the time of retirement. This is not only the correct option.

Roth IRA: This option is incorrect.

Roth IRA refers to a type of individual retirement account in which the employee can save his income for future use at the time of retirement. The employee opts for this account when the tax rate is high at the time of retirement. This is not only the correct option.

401k plan: This option is incorrect.

401k plan is a type of retirement account that has been opened by the employers. This option is incorrect as in the question employer does not offer a retirement plan.

Both A and B:This option is correct.

As both options A and B is correct. So this is the correct option.

Learn more:

1. Learn more about retirement

brainly.com/question/1430460

2. Learn more about life insurance

brainly.com/question/2674013

3. Learn more about negotiating plan

brainly.com/question/10089477

Answer details:

Grade: Middle School

Subject: Taxation

Chapter: Retirement plan

Keywords: An employer, does not offer, retirement plan, might, another, way, to save, traditional IRA, Roth IRA, 401k plan, individual retirement account, lump sum, amount of money.

Strike441 [17]3 years ago

3 0

I would think the answer D cause they both have good plans

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Compare and contrast the roles of the federal government as both promoter and regulator of industrial development and market cap

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Explanation:

Compare and Contrast ->

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Sherman Antitrust Act (1890)The purpose was to promote economic competition through the regulation of shares, cartels and monopolies. It was very uncompromisingly applied Interstate Trade Act (1887). It also prohibits discrimination against shippers and pays more on the same train for shorter routes than for longer routes.

Thesis:

In the 19th Century and in themid-19th Century, the government of the United States was much more a proponent of industrialisation then an industrialisation regulator than a regulator.

In the year 1862, for instance, congress took place on the Pacific Railway Act, which gave the railway lines 20 acres per mile. This eventually culminated in five transcontinental trains: Union Pacific Railways, Central Pacific Railways, North American Railways, South Pacific Railways, and the Great North.In end, this resulted in the creation of booming towns in the west, encouraging manufacturers to relocate to their inhabitants and enabling businesses to sell their products to remote locations that were once hard to reach. Congress also enacted Morrill's 1861 Tariff Act which substituted for a higher tariff for the limited import tariff inserted in 1816. This shielded businesses from foreign competitors and increased their profits so that they could increase their power. The US government in general has been a more aggressive manufacturing supporter.

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3 years ago

ABC Company owns 30% of the outstanding shares of Teal Company. At the beginning of the current year, the carrying value of Teal

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Answer:

$69,000

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This is an example of equity method investment , and a portion of the attributable income at the end of the year is earned and added to the initial stock.

Attributable income is the remaining income after dividends have been settled.

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3 years ago

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Answer:

price-taking assumption.

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