Multiple Choice
Why are 401(k) retirement plans often better than saving money in a bank account?
A) You don't pay taxes on the money you contribute or interest you earn until you draw the money out after age 59 1/2
B) Employers have to match the amount you contribute each year.
C) The money you put into the plan earns more interest than what banks pay.
D) All of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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