Answer:
The answer is: D) A 401(k) is controlled and monitored by an employer, and an IRA is controlled by the investing individual.
Explanation:
A 401(k) is sponsored and controlled by an employer. The employer decides where the money is going to be invested. Sometimes the employer may match some of the employees' contributions. The employer can also take loans or hardship withdrawals from the 401(k) funds.
While IRA accounts are held by custodians which are banks or brokerage firms.
Answer:
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Because the people selling it needs to make profit.
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