Steve is choosing between two jobs at Smithsonian museums. One job is funded through the federal government and offers a pension
plan. The other job is privately funded and offers a 403(b) plan similar to a 401(k) plan, in which the Smithsonian would contribute 7% of Steve's salary. What factor would make Steve prefer the federal job and pension?
The government career are likely to be more stable than the private sector
Step-by-step explanation:
The federal job will likely to be more stable. This is because of the decided benefits that are offered by the employer after finishing the career. This is unlike the privately funded job that offers the decided contribution, but can become easily less stable and affected by the changes in the economy. Hence, as a result of the factors, Steve will prefer a federal job.
For example, a tumor would be found in MRIs and will have a significant impact on the results and interpretation of a functional MRI. A tumor that is cancerously growing is very crucial to the function of an MRI
