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Bingel [31]
3 years ago
9

An individual works in a small manufacturing business with fewer than 100 employees. The company does not offer a retirement pla

n. This individual has $5,000 of discretionary funds that she wishes to put away for retirement. The BEST recommendation for this individual is to make a $5,000 contribution to a(n):_______
Business
1 answer:
MA_775_DIABLO [31]3 years ago
7 0

Answer:

Traditional IRA

Explanation:

Traditional IRA is an individual retirement account that is held at a custodian institution such as a bank. The funds can be invested in various assets such as certificate of deposit, stocks and mutual funds to generate interest.

It is simpler to enroll with than the Roth IRA and the only requirement is the fund to be invested. Transactions in the account are not subject to taxation. Taxes only apply at withdrawal.

The traditional IRA will be the best option for this person because of the ease of enrollment and freedom from taxes on transactions.

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Definition of liability
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The hedonic treadmill is the tendency for people to return to a stable level of happiness after major positive or negative events in their life.

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The potential disadvantage of monitoring employees that Anchor Resort and Casino managers do is that extensive monitoring can make employees feel that Anchor Resort doesn't trust them.

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There must be a mutual trusting relationship between a company and an employee, as a positive relationship generates greater job satisfaction, greater motivation and generates an organizational culture focused on development.

Therefore, Anchor Resort and Casino can develop a strategy to increase trust in the relationship among employees through training, open communication, feedback and encouraging positive practices in the company.

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7 0
3 years ago
What kind of Consumer Service is particularly open to an entrepreneur
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Consumer service is referred to as one on one interaction by entrepreneur.

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