It is a circle with a ring around it
No answer choices provided but it’s because income is how much you are making before tax. Also, wealth means an abundance of currency so unless you are making lots of money, you dont have wealth. Hope this helps.
Answer:
A. 401(k)
Explanation:
A 401(k) can be defined as a type of compensation (savings) plan that is being sponsored by a business firm or company (employer) to avail its employees the opportunity to contribute into. As a company-sponsored and defined-contribution retirement savings plan, it offers tax advantages to the employees because it reduces their income tax for the particular year while taxing their withdrawals.
Hence, a 401(k) would be the best retirement savings option for a 40-year old engineer whose employer offers a five percent contribution match.
I can’t see any Choices. Send a a comment so I can help you.