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Wewaii [24]
3 years ago
6

A 401(k) plan is a type of _____.

Mathematics
2 answers:
Citrus2011 [14]3 years ago
4 0
The answer is B) retirement plan.
kotegsom [21]3 years ago
3 0

Answer:

B. Retirement plan.

Step-by-step explanation:

We have been given an incomplete sentence. We are supposed to complete the given sentence from the given choices.

Sentence:

A 401(k) plan is a type of _____.

We know that 401(k) is a retirement savings plan which is sponsored by the employer.

In this plan an worker can save an amount of his salary before taxes are taken out. The taxes are paid, when the money is withdrawn from the account.

Therefore, the correct expression that will complete our given sentence is 'retirement plan' and option B is the correct choice.

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