Answer:
The correct answer is letter "B": Decreasing your stocks and increasing your bonds.
Explanation:
Target-date funds are pools of assets employees with a 401(k) retirement account can access. <em>Target-date funds consider stocks as riskier assets than bonds</em>, thus, more stocks than bonds are included in the fund of the employee at first. However, <em>as soon as the date when the employee is to retire approaches, the fund automatically lowers the number of stocks in the employee's account to include more bonds</em>, which are safer securities.
A stock insurance company is a corporation owned by its stockholders and
its main objective is to make a profit for them. Stock or shareholders differ
from policyholders because the latter do not share directly in the profits of the company Todd plans to
purchase a life insurance policy from a stock insurer because he wants
something where he can buy shares and be a shareholder of the company instead of
just being a policyholder.
