Multiple Choice
Which of the following is true about a 401(k) plan?
A) There is no penalty for early withdrawal of these funds.
B) There is no limit on the dollar amount you can contribute.
C) Your contributions are automatically vested and are yours, regardless of when you leave the firm.
D) 401(k) contributions are made after taxes are paid on your salary.
Correct Answer:
Verified
Correct Answer:
Verified
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