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

1 answer:

4 0

If an employer does not offer a retirement plan, the best option that an employee can do is to invest in an insurance company that can offer such service. There are insurance companies that not only guarantee a person's investment on health, travel, and recreation, there are also those that give opportunities for people who are seeking to retire from their work.

You might be interested in

A. What is a benefit of international trade to households?

devlian [24]

Answer:

a. Increased wealth due to lower prices and greater product diversity b. Ability to use productive resources found only in other countries.

Explanation:

A: Benefits of International trade for households, is an increase in wealth as a consequence of the drop in prices of goods that are imported (because these products are produced efficiently abroad), and a potential drop in prices of local goods because productive factors could potentially be more efficiently allocated increasing the productivitiy of such factors. Households also benefit because a higher diversity of products could expand their utility curve by richer consumption alternatives. B: Benefits of international trade for firms is an expansion of the disposable resources available to produce local goods, which could increase the productivity per productive factor by relatively lower prices of resources and higher quantities.

6 0

3 years ago

Christy enjoys baking pies from fresh fruit, especially blueberries, blackberries, and strawberries. When she goes to the market

Bess [88]

Answer:

Christy's demand for blackberries is elastic.

Explanation:

Christy purchases blueberries, blackberries, and strawberries. When the price of blackberries rises to a small extent, Christy will instead purchase strawberries or blueberries.

This shows that the demand for blackberries is elastic. Elastic demand refers to the situation when a small change in price causes the quantity demanded to change to a great extent.

6 0

3 years ago

You design HR management and payroll software. At a recent networking event, you met the HR manger at a small local accounting f

ratelena [41]

I believe it is formal

7 0

3 years ago

By nudging the minds and movers of the chief actors of a business, women often occupy a subtle but determining role behind the s

myrzilka [38]

Answer:

The correct answer is Chief Emotional Officer.

Explanation:

By uniting the managerial with the emotional, one concept empowers the other, creates value, wealth; that wealth that serves the individual to solve the circumstances of the external world without being a slave or puppet of those realities, but develop the ability to create expectations, prepare, generate alerts, design strategies, there I will be a successful and a winner.

5 0

2 years ago

< Back to Assignment Attempts: Average: / 1 2. Introduction to the foreign-currency exchange market In an open economy, why i

Fofino [41]

Answer: Net capital outflow is determined by the real interest rate, not the real exchange rate

Explanation:

In the foreign-currency market, the supply of dollars is not dependent on the real exchange rate and so the supply curve will be vertical to indicate this independence by showing inelasticity which means that it is unaffected by the variables in the foreign-currency market.

Supply of dollars is rather dependent on the real interest rate.

This is because dollars get into the world economy (supply of dollars) as a result of investments by Americans into markets abroad in the form of Net Capital Outflow. If American real interest rate is low, Americans will invest in other countries with a higher rate of return thereby pumping more dollars into the world economy.

7 0

2 years ago